Which of the Following Statements Can Proponents of Advertising Use

question 29

Multiple Choice

Which of the following statements can proponents of advertising use against the charge that advertising makes people buy things they do not need?

• A)Customers benefit from the economies of scale that occur due to persuasive advertising.
• B)Consumers have the freedom to make their own choices when confronted with persuasive advertising.
• C)Materialism is an important freedom of choice in an individualistic society.
• D)Advertising provides information on basic needs to customers rather than persuading them.
• E)Most persuasive advertisements do not use emotional appeals to persuade customers.

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Definitions:

MRP

Marginal Revenue Product; the additional revenue generated from employing one more unit of input or labor.

Derived Demand

Demand for resources derived from demand for the final product.

Final Demand

The demand for finished products by consumers, businesses, and the government, without any further processing or transformation.

Goods and Services

Represents the output of an economy, where goods are physical items and services are activities provided by others for benefit or pleasure.