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

Question

Quizplus · Accepted Answer

Advertisements are economically productive because they convey information about the product, helping consumers make informed decisions and potentially increasing market efficiency.

Advertising Is an Economically Productive Activity and Not a Waste