Ubaldo saw a great commercial for a new Doritos com chip during this years Super Bowl. Not generally a fan of corn snacks, this particular commercial was so good, Ubaldo decided to give the new Doritos a try. Based on this information, we would most accurately say this advertising probably caused
a. the corn snack industry to become a monopoly, when prior to advertising, it was probably perfectly competitive.
b. Ubaldos demand to become less elastic, and the corn snack industry is likely a monopoly industry.
c. Ubaldos demand to become more elastic, and the com snack industry is likely a monopolistically competitive industry.
d. the corn snack industry demand to become less elastic, and Ubaldos demand was unaffected.
e. Ubaldos demand to become less elastic, and the corn snack industry is likely a monopolistically competitive industry.