Question
Suppose the proposed tax on social media advertisements takes effect. Which course of action from a social media company like Facebook is least likely to
Suppose the proposed tax on social media advertisements takes effect. Which course of action from a social media company like Facebook is least likely to happen in response to the tax? Assume Facebook is maximizing its short-run profits before the tax. Facebook would be least likely to
1. lobby the European Parliament to repeal the tax. 2. reduce development of Europe-specific data analytics for targeted marketing. 3. Develop other services or acquire other companies that are less dependent on advertising revenue. 4. invest in new features and services to attract additional European users to its main site.
Please give answer with proper explanation
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