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Critics Charge That High Advertising and Promotion Costs Unnecessarily Increase

Question 15

Multiple Choice

Critics charge that high advertising and promotion costs unnecessarily increase retail prices. Marketers most likely respond to this criticism by arguing that advertising ________.


A) provides essential psychological benefits about products
B) adds value by giving consumers product information
C) generates tax breaks for small businesses
D) applies a functional value to the product
E) lowers prices by increasing competition

Correct Answer:

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