Most critics of marketing who argue that marketing managers help create monopoly or monopolistic competition feel this leads to:
A) restriction of output.
B) higher prices.
C) reduction in the national income.
D) All of the above
E) None of the above.

Question

Quizplus · Accepted Answer

Critics argue that marketing managers help create monopolies or monopolistic competition by using marketing techniques to differentiate their products and create a brand image that is difficult for competitors to replicate. This can lead to a restriction of output, as well as higher prices, which can reduce consumer welfare and result in a reduction in the national income. Therefore, all of the above options are correct.

Most Critics of Marketing Who Argue That Marketing Managers Help