(1 point)
Responses
There is little competition among energy providers.
There is little competition among energy providers.
Most energy companies are legally prohibited from marketing.
Most energy companies are legally prohibited from marketing.
Standards for customer service are different in the energy industry.
Standards for customer service are different in the energy industry.
There is a very small market for energy so little marketing is needed.
1 answer
The most plausible reason that the energy industry spends the least on marketing is:
There is little competition among energy providers.
This statement reflects the nature of many energy markets, where providers often operate as monopolies or in highly regulated environments with limited competition, reducing the need for extensive marketing efforts.
