What is the purpose of advertising for companies like Pepsi who advertise the same product and every person in the modern world knows about it? Why waste money?


As an economist, I think, Pepsi Co would want their product to have inelastic demand.

  • 2
    $\begingroup$ This does not provide an answer to the question. To critique or request clarification from an author, leave a comment below their post. - From Review $\endgroup$ – Giskard Jul 21 at 22:30
  • $\begingroup$ Don't you let the author decide on the satisfactory answer? $\endgroup$ – london Jul 22 at 22:10
  • $\begingroup$ Thought police! $\endgroup$ – Giskard Jul 23 at 2:01
  • $\begingroup$ If this the first time you see a review action, reading the site (or network) faq may be useful. $\endgroup$ – Giskard Jul 23 at 2:04
  • $\begingroup$ Poor answer m8 ngl $\endgroup$ – user29463 Jul 27 at 14:39

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