When a firm advertises a product, it is trying to shift the demand curve for the product to the and make it more
a. right; inelastic
b. left; inelastic
c. left; elastic
d. right; elastic

The correct answer is A that is right and inelastic

Explanation:

When the firm or business, advertises a product, it is done to increase the demand of the product. So, if the demand will increase for the product, this will lead to shift the demand curve to the right. And tries to make the demand of the product more inelastic, which means that the whether price will go up or go down, the buying habits of the customer will be same or remain unchanged for the product.

So, it will be shifting the demand to right and make the product more inelastic.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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