Economists agree that, in general, a world with advertising is _______ than would be a world without advertising.
A) more competitive
B) less competitive
C) more fair
D) less fair

Question

Quizplus · Accepted Answer

Economists generally agree that advertising promotes competition as it allows companies to differentiate themselves and attract customers based on their unique offerings. This increases consumer choice and drives companies to innovate and improve their products and services to better meet consumer needs. Without advertising, there would be less competition and less information available to consumers about available products and services, leading to a less competitive market overall.

Economists Agree That, in General, a World with Advertising Is