Relating to the Economics in Practice on Page 360: Which

question 134

Multiple Choice

Relating to the Economics in Practice on page 360: Which of the following is an example of an advertisement in which the fact that something is not mentioned indicates that the product is unlikely to be desirable?

• A) an advertisement for hot dogs that mentions that it meets certain religious dietary requirements but fails to explain those requirements in a way that would be understood by most people
• B) an advertisement for a sneaker that mentions the endorsement of one sports star but fails to mention the sports stars that have endorsed competing products
• C) an advertisement for a 30-year old lawn tractor that mentions the color of its paint and the number of cup holders it has but makes no mention of the condition of its engine
• D) an advertisement for ice cream that describes the variety of flavors available and the way it tastes but makes no mention of the ice cream's nutritional content

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Definitions:

College Graduates

Persons who have successfully concluded their academic program and obtained a degree at a university or college.

Recession

An economic downturn characterized by a significant decline in economic activity across the economy lasting more than a few months.

Educational Backgrounds

The formal schooling and training an individual has received, including degrees, diplomas, and certifications.

Scarcity

A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It necessitates the need for prioritization and choice.