Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Monopolistic competitors advertise to differentiate their products. There are th

ID: 1103664 • Letter: M

Question

Monopolistic competitors advertise to differentiate their products. There are three reasons these firms may advertise. Match the examples to the correct type of advertising.

It's such a challenging question. I post this question twice but no one got the correct answer. Please help me!!!

nopolistic competitors advertise to differentiate their products. There are three reasons these firms may Match the examples to the correct type of advertising. informative advertsing Home Depot advertises a Black Friday sale in a weekly circular advertising as part of the product A Rolex commercial shows a father passing down his Rolex to his son. advertisin as a signa A Cadillac commercial shows Tiger Woods driving a Cadillac. A BMW billboard introduces the new 3 series and highlights its great gas mileage. Mercedes announces the opening of a new dealership with an extravagant brochure.

Explanation / Answer

1. Home depot... : Advertising as signal

2. Rolex... : Advertising as part of the product

3. A caddillac... : Advertisinf as signal

4. A BMW... : Informative advertising

5. Mercedes... : Informative advertising