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trasher [3.6K]
3 years ago
8

Advertising can:___________

Business
1 answer:
snow_lady [41]3 years ago
8 0

Answer:

The answer is e) increase demand for the product

Explanation:

Advertising can increase the demand for a product in the log run by continually and consistently promoting the brand and product awareness of the product in the mind of the customer/consumer.  

Moreover, effective advertising may lead up to the economies of scales over time. And economies of scale in return, influences effective and cost saving advertising.

Marketing can never "Assure" that a product will succeed! No one can!

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In the market for cell phones, if the supply of cell phones increases what will happen to the price and quantity of cell phones?
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If the supply of cell phones increases, the price of cell phones will reduce and the quantity of cell phones would increase.

<h3>What is the impact of an increase in the price of cell phones?</h3>

When the market of a good is in equilibrium and the supply for a good increases, the supply curve would shift to the right while the demand curve remains unchanged.

At the new equilibrium of the supply curve and the demand curve, price would be lower and quantity would be higher.

To learn more about an increase in supply, please check: brainly.com/question/14727864

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