Advertising only benefits suppliers of a good and has little value to consumers.

Question

Quizplus · Accepted Answer

Advertising plays an important role in providing information to consumers about goods and services available in the market. It enables consumers to make informed choices, compare prices, and find products that meet their needs. Additionally, advertising can also create awareness about new products or services that consumers may not have known about otherwise. While advertising does benefit suppliers by increasing brand recognition and sales, it can also be beneficial to consumers.

Advertising Only Benefits Suppliers of a Good and Has Little