The high price of such consumer products as designer jeans and breakfast cereal can be attributed primarily to ______.

Question

Quizplus · Accepted Answer

The high price of consumer products such as designer jeans and breakfast cereal is primarily due to advertising. Companies spend a significant amount of money on marketing campaigns to create brand awareness and promote their products, which is reflected in the price of the product. The cost of raw materials, manufacturing, and distribution expenses can also contribute to the price, but advertising is the primary factor.

The High Price of Such Consumer Products as Designer Jeans