There is increase in competition because of ________. (Fill in the blank by choosing correct option)
a) Sales promotion
b) Marketing
c) Publicity
d) Advertising
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d) advertising......
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There is an increase of competition in the market due to the increasing amount of Advertising.
Advertising not only promotes the products, services, and companies, but it also helps in stimulating the growth of the economy.
This growth leads to an increase in demand for good and services in the market thereby increasing the level of competition. However, perfectly competitive firms do not advertise.
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