Which statement about how advertising affects competition is most likely true?
A) Advertising by large firms tends to have a limited effect on small firms.
B) Most single advertisers are large enough to dominate the entire nation.
C) Advertising is highly regulated so that it does not impede competition.
D) Intense competition tends to increase the number of businesses in an industry.
E) Non-advertised products are unable to compete with advertised, branded products.
Correct Answer:
Verified
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