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zmey [24]
2 years ago
9

Which best describes how advertising influences consumer choice in an oligopoly?

History
1 answer:
iogann1982 [59]2 years ago
3 0

The best sentence that describes how advertising influences consumer choice in an oligopoly is that  Advertising coaxes people to buy new products.

<h3>What is oligopoly?</h3>

An oligopoly serves as  market that has  small number of firms that believe to be interdependent in their pricing as well as output policies.

Hence, in an oligopoly is   Advertising coaxes people to buy new products.

Learn more about the oligopoly at brainly.com/question/13635083

#SPJ1

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Ray Stannard Baker was one of the most important journalists of the Gilded Age. He was an American writer, popular essayist, literary crusader for the League of Nations, and authorized biographer of Woodrow Wilson. Baker became associated with the muckraker scene when he began writing articles for McClure’s Magazine in the early 1900s. Muckrakers were writers who exposed the political and economic corruption in big businesses and government through accurate journalistic accounts.  

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Sources:

https://snaccooperative.org/ark:/99166/w6x351sv

https://spartacus-educational.com/JbakerR.htm

https://www.britannica.com/biography/Ray-Stannard-Baker

https://www.pbs.org/wgbh/americanexperience/features/wilson-ray-stannard-baker/

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