Which of the Following Is an Inherent Strength of Advertising

question 99

Multiple Choice

Which of the following is an inherent strength of advertising?

• A)advertising provides immediate feedback
• B)advertising can deliver complex information
• C)advertising can create messages quickly
• D)advertising is an efficient means for reaching large numbers of people-the mass market
• E)advertising is often the most credible source of information for consumers

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Definitions:

ATC Curve

Average Total Cost Curve, a graphical representation showing how the average cost of producing one unit of goods changes with the level of production.

Average Fixed Cost

Average Fixed Cost is the fixed expenses of a company divided by the number of units produced, decreasing as production increases.

Marginal Product

The extra output or benefit received from using one more unit of a variable input.

Average Variable Cost

The total variable costs of production divided by the quantity of output produced; it varies with the level of output.