Which of the following statements about marketing's impact on the economy is FALSE?
A)Companies force consumers to buy products at exorbitant prices.
B)When new products are introduced,the prices of old products often drop.
C)Rising profits lead to increased investments and further economic growth.
D)Increased profits attract competition.
E)Profits begin to drop as new competitors enter a market with similar products.

Question

Quizplus · Accepted Answer

Consumers do have a choice.They don't have to buy the new product unless they think it's a better value.

Which of the Following Statements About Marketing's Impact on the Economy