Critics of advertising argue that it:
A)tends to make markets more perfect.
B)leads to low-cost mass production.
C)results in higher prices to consumers.
D)encourages competition through new-product advertising.

Question

Quizplus · Accepted Answer

Critics argue that advertising results in higher prices for consumers because companies pass on the cost of advertising to the consumer through higher prices for their products.

Critics of Advertising Argue That It