Mention two demerits of advertisement
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[Advertising] acts as a guarantor of demand and so contributes to economies of scale, which then benefit consumers in the form of lower prices or more rapid innovation. By doing so, advertising works—at its grandest—systemically to oil the engine of capitalism.
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✔️ An organisation has to spend large amount on advertising. ... In this reference it is said that advertising costs are passed on to the consumers in the form of high prices
✔️It is not possible to study the efficiency of advertising message as it is not possible to gather immediate and precise feedback of the message communicated.
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