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If Firms Could Not Advertise Their Products in Any Way

Question 44

Multiple Choice
If firms could not advertise their products in any way other than to present the physical characteristics and facts pertaining to the product,

If firms could not advertise their products in any way other than to present the physical characteristics and facts pertaining to the product,


A) consumers would benefit by lower prices.
B) producers would benefit because they would not have to compete.
C) brand names would disappear.
D) consumers would bear the additional costs of learning those characteristics of the product that were described in the image advertising.
E) nothing would change.

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