Which of the Following Statements Is False

question 46

Multiple Choice

Which of the following statements is false?

• A) There are always opportunity costs to making choices.
• B) Because of scarcity,choices must be made.
• C) Elementary education at public schools is free.
• D) When government builds a new highway,taxpayers end up with less of some of the things they would otherwise have.

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Definitions:

Advertising Emphasis

The focus or priority placed on advertising efforts within a company's overall marketing strategy.

Selective Demand

Demand for a specific brand or product without regard for available substitutes, often as a result of successful branding.

Product Life Cycle

The sequence of stages that a product moves through, starting from its introduction, advancing to growth, reaching maturity, and finally declining in the market.

Growth Stage

A phase in the product life cycle characterized by rapid market expansion, increased sales, and the successful establishment of a product in the market.