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Running head: BUSINESS FINANCE 1 Business Finance Your name Institution BUSINESS FINANCE 2 Part 1 Advertising is an excellent way of creating job opportunities in society. It generates employment to various kinds of people such as scriptwriters, artists, bloggers, screen printers and many others. In current society, advertising is a distinct profession whereby companies have developed to do advertisements. If people are able to get employment from advertising, then their living standards are going to change and again people get to know about the latest goods in the market. Netflix advertisements on you YouTube have always been successful because they elevate consumers demand by giving trailers of TV shows, moves and series. Here is an example of a YouTube Netflix link, https://www.youtube.com/watch?v=5YEVQDr2f3Q On the other hand, advertising creates unnecessary needs because they tend to arouse a person’s interest in a particular product under advertisement. The approach of advertising is also wrong because they mostly use sexual appeals to reach to their target consumers, which in most cases are young people( Mooij, 2019). Part 2 The marginal revenue that a monopoly firm ...
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