Advertising is an economically productive activity and NOT a waste of resources because it:
A)increases sales.
B)can convey information about the product.
C)can signal that firms are desperate for customers.
D)can decrease the costs of production.

Question

Quizplus · Accepted Answer

Advertising is economically productive because it can convey important information about the product to consumers, such as features, benefits, and prices, helping them make informed purchasing decisions.

Advertising Is an Economically Productive Activity and NOT a Waste