Which of the following is true regarding our macro-marketing system?
A)Consumers would be better off if our macro-marketing system were in pure competition,rather than monopolistic competition.
B)Marketing makes people buy things they don't need.
C)Advertising can actually lower final consumer prices if it helps achieve economies of scale.
D)Monopolistic competition leads to higher prices,restriction of output,a waste of resources,and greater consumer dissatisfaction.
E)All these answers are correct.

Question

Quizplus · Accepted Answer

Advertising can increase demand for the product,resulting in economies of scale in manufacturing,distribution,and sales-all of which can offset advertising costs,leading to lower prices to the consumer.

Which of the Following Is True Regarding Our Macro-Marketing System