Which Company Ranks Number One in Terms of Ad Spending

question 46

Multiple Choice

Which company ranks number one in terms of ad spending in Europe (2011) ?

• A) General Motors
• B) Philip Morris
• C) Unilever
• D) Procter & Gamble
• E) Coca-Cola

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Definitions:

Economy

A system of production, distribution, and consumption of goods and services within a certain geographical area.

Inefficiencies

Instances where resources are not used optimally, resulting in wasted or less productive outcomes.

Scarcity

is the fundamental economic problem of having seemingly unlimited human wants in a world with limited resources.

Rationed

The controlled distribution of scarce resources, goods, or services.