Which of the Following Might Be an Example of an Economic

question 441

Multiple Choice

Which of the following might be an example of an economic argument against advertising? ​

• A)​It causes the demand for the good to be more elastic
• B)​It allows the producer to earn an economic profit in the long run
• C)​People may be deluded into thinking that a good with a brand name is better than an otherwise identical generic brand
• D)​The claims made in the ads are almost always false

---

Definitions:

Quality Complaints

Feedback from customers or users indicating dissatisfaction with a product's or service's quality, which can inform improvements.

Service-Producing Sector

A segment of the economy focused on the production of intangible goods, such as healthcare, education, and financial services.

Goods-Producing Sector

An economic segment that encompasses industries involved in the fabrication, conversion, and assembly of goods.

Percent Jobs

Likely refers to the percentage of jobs or tasks completed successfully or within a specified standard or time frame.