Question

Creating a monopoly is the demerit of ______.

Options

• Advertsing

• Customer protection

• Manufacturer protection

• Public image

Answer 1

Creating a monopoly is the demerit of Advertising.

Explanation:

Large firms which can afford a huge amount of money on advertising eliminate small firms by creating a brand monopoly. But advertising creates only a temporary brand monopoly, as after some time, other brands offer competition.