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Topic: Social Issues
Number of pages / Number of words: 4 / 984
Essay's paper body

These time-series studies generally find that advertising has no effect. The oligopolistic nature of the tobacco and alcohol industries results in competition for market share with advertising (and other marketing) rather than with price. Indeed, price competition may set off a price war in which all firms will lose revenue...


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Alternatively, the "share of voice" -- that is, the percent of industry-level advertising undertaken by one firm -- is directly proportional to the share of market. The advertising-to-sales ratios for tobacco and alcohol companies are about 6 to 9 percent while the average American firm has an advertising-to-sales ratio closer to 3 percent...


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General points of the essay

Outline The Main Benefits And Costs To Society From Advertising. Does Advertising Necessarily Lead To A Higher Price For The Product? Tobacco Advertising And Its Dangerous Effects On Young People. Advertising and Alcohol Alcohol Advertising: The Cause of Underage Drinking? Tobacco Advertising Tobacco Advertising and its Effects on Young Adults WHO's stand on tobacco advertising Alcohol Advertising alcohol and advertising Issues of tobacco advertising for youth Should Tobacco Advertising Be Restricted The Effect Of Advertising On Tobacco And Alcohol Consumption Tobacco Advertising & Its Dangeroues Effects on young people Tobacco Advertising And Its Effects On Young People Tobacco Advertising Makes Young People Their Chief Target

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