A. Media entities in particular have benefited handsomely from the intense competition between Digicel and Claro as billions of dollars have been spent on advertising.
a. state two advantages and two disadvantages of advertising on society.
b. Draw a demand and supply diagram for media entities that illustrating the effects of reduce competition from Digicel/Claro merger
(please state the likely effect on equilibrium price and quantity)

Question

A. Media entities in particular have benefited handsomely from the intense competition between Digicel and Claro as billions of dollars have been spent on advertising.
a. state two advantages and two disadvantages of advertising on society.
b. Draw a demand and supply diagram for media entities that illustrating the effects of reduce competition from Digicel/Claro merger
(please state the likely effect on equilibrium price and quantity)

parker.goodbar · Answer

A. advantages are that you get your business out there to the public and you can get more people to shop there and the bad is that it cost a lot of money and not guaranteed to work how you hoped it would
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parker.goodbar · Answer

@ricky321