Which of the Following Statements Is the Most Accurate

question 31

Multiple Choice

Which of the following statements is the most accurate?

• A) Advertising helps pay for production costs of newspapers and magazines.
• B) Word of mouth is the most effective form of advertising.
• C) Advertising does not really provide information to consumers; it merely persuades consumers to buy advertised products.
• D) Consumers don't remember good advertisements.

---

Definitions:

Marginal Cost

The cost incurred by producing one additional unit of a good or service.

Output

The total amount of goods and services produced by an economic system.

Most Efficiently

Operating in a way that maximizes productivity or benefits while minimizing waste and costs.

Output

The total amount of goods and services produced by an economy, business, or machine in a given period.