Scenario 4-5 Students from Several Organizations on Campus Sponsored a Forum to Forum

question 2

Multiple Choice

Scenario 4-5
Students from several organizations on campus sponsored a forum to debate the pros and cons of advertising.Student organizations representing consumers, journalists, marketers, entrepreneurs, and political scientists all had members in attendance.Following are some of the comments made at the forum.
-(Scenario 4-5) Several students defended advertising.One said, "Advertising isn't so bad.It gives us easy access to all kinds of modern conveniences that solve everyday problems, it reduces human labor and housework, and it just make life easier." Which of the following arguments in favor of advertising best supports this student's comments?

• A)Advertising addresses a variety of human needs.
• B)Advertising is a source of fulfillment and liberation.
• C)Advertising reflects society's priorities.
• D)Advertisers are showing much more sensitivity.

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Definitions:

Production Cost

Production cost refers to the total expense incurred in the manufacture of a product, including raw materials, labor, and overhead costs.

Rental Payments

Regular payments made by tenants to landlords in exchange for the use of residential or commercial property.

Individual Producers

Entities or persons that create goods or provide services in an economy, ranging from small businesses to large corporations.

Single Tax

A system where only one type of tax is levied, often proposed as a land value tax where only the value of land itself is taxed, excluding the value of buildings or improvements.