How Can Electronic Display Panels Benefit an Advertiser

question 30

Multiple Choice

How can electronic display panels benefit an advertiser?

• A) Only the advertiser can change the display.
• B) They are an inexpensive and flexible medium.
• C) Their ability to eliminate selective perception makes their high costs worth the extra promotional money.
• D) The transit authority must pay a premium price for the displays.
• E) They are the best advertising medium.

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Definitions:

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.

Study of Economics

The academic discipline that examines how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs.

Basic Truth

A fundamental, unquestionable fact or principle that serves as the foundation for a concept or belief system.

Economic Self-Interest

is a principle suggesting that individuals act in a way that maximizes their own benefits or gains, often driving economic decisions and actions.