Question

Which is the most plausible reason that the energy industry spends the least on marketing?
(1 point)
There is little competition among energy providers.
Most energy companies are legally prohibited from marketing.
Standards for customer service are different in the energy industry.
There is a very small market for energy so little marketing is needed.

Answer 1

There is little competition among energy providers.

Many energy services are provided by regulated utilities or local monopolies, so firms have less incentive to spend heavily on marketing.