Aside from the simple pleasure of seeing your own good advertised on television or in the print media, one important reason that firms advertise is to
A) lower their costs
B) reduce product differentiation
C) shift their own demand curves to the right
D) decrease market share
E) shift their own demand curves to the left

Question

Quizplus · Accepted Answer

Advertising aims to increase consumer awareness and interest in a product or service, which can lead to higher demand. By effectively communicating the benefits and features of their offerings, firms can shift their demand curves to the right, indicating an increase in demand at any given price.

Aside from the Simple Pleasure of Seeing Your Own Good