• which best describes how advertising influences consumer choice in an oligopoly?

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  • Advertising in an oligopoly can help one firm differentiate itself from its competitors and create a competitive advantage. It can also increase the visibility of a product or service, create brand loyalty, and help to set pricing levels. Advertising is an important tool in an oligopoly as it allows firms to more effectively target their own customers, instead of potentially competing for the same ones.

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      Addyson Haynes

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