Among the following, which is NOT an economic argument against advertising?
A) provides consumers information that helps them make better decisions about new products, their availability, their prices and their benefits
B) persuades rather than informs, providing only positive information
C) From a macroeconomic aspect, advertising spending is wasteful.
D) does not actually lower prices of products
E) High rates of advertising expenditures block the entry of new products.
Correct Answer:
Verified
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