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Some Economists Say That Advertising Is Wasteful Because They Believe

Question 32

Multiple Choice

Some economists say that advertising is wasteful because they believe that


A) most advertising is deceiving and, therefore, the resources used to advertise are not used for productive purposes.
B) efforts to persuade use resources, but persuasion is not a useful product.
C) it takes advantage of gullible people.
D) people who make commercials are already rich and do not need the money.
E) it creates a perception of product differences when products are not really different at all.

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