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Critics of Advertising Argue That Advertising

Question 53

Multiple Choice

Critics of advertising argue that advertising


A) Wastes resources because it creates an image without necessarily improving product quality.
B) Advertising lowers barriers to entry into an industry because new firms can more easily establish themselves as competitors.
C) Advertising increases competition by providing information about prices.
D) Advertising encourages monopolization of markets by raising entry barriers too high.

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