Among the Following, Which Is NOT an Economic Argument Against

question 51

Multiple Choice

Among the following, which is NOT an economic argument against advertising?

• A)provides consumers information that helps them make better decisions about new products, their availability, their prices and their benefits
• B)persuades rather than informs, providing only positive information
• C)From a macroeconomic aspect, advertising spending is wasteful.
• D)does not actually lower prices of products
• E)High rates of advertising expenditures block the entry of new products.

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Definitions:

Film Industry

The sector of entertainment that is involved in the production, distribution, and exhibition of films and movies.

Fox

An American multinational mass media company known for its film studio and television network.

Exhibition

The act of displaying or presenting artworks, products, or items to the public in a structured setting like galleries, museums, or trade shows.

Modern-Day

Pertaining to the present time or the recent past, reflecting the characteristics and conditions of the current era.