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Refer to the scenario below to answer the following question(s) .
Most clients of Second Avenue have learned about the store through word-of-mouth communication. This small retailer of quality secondhand children's clothing thrives on the sale of a vast inventory of children's clothing placed on consignment. "Because small children grow so quickly," Second Avenue's owner commented, "they often outgrow many of their clothes before they've hardly been worn!"
Second Avenue provides a way for people to sell their children's clothing, earn a few dollars, and buy the next larger size. "We're extremely picky about the condition of the clothing we stock," the owner stated, "but we sell most items at a 60-percent discount."
-Second Avenue has just developed a 30-second television ad that features three different shoppers enthusiastically shopping in the store and appreciating its products. This ad uses the ________ execution style.
Market Failure
A situation where the allocation of goods and services by a free market is not efficient, often justifying government intervention.
Pollution
The contamination of the natural environment by harmful substances, leading to adverse health effects and environmental damage.
Market Failure
A situation where the allocation of goods and services by a free market is not efficient, often leading to a net societal welfare loss.
Capitalism
An economic system where trade, industries, and the means of production are largely or entirely privately owned and operated for profit.
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