Question

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Question
Which is the most plausible reason that the energy industry spends the least on marketing?

(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.

There is a very small market for energy so little marketing is needed.

Answer 1

There is little competition among energy providers. This reduces the need for extensive marketing.