Advertising can enhance economic efficiency when it:
A) Exploits our senses and lack of knowledge.
B) Encourages us to purchase only brand name merchandise.
C) Offers us pictures and promises of exoneration,recognition and love.
D) Is intended to provide information about existing products or to bring new products to our attention.

Question

Quizplus · Accepted Answer

Advertising can enhance economic efficiency when it is intended to provide information about existing products or to bring new products to our attention. This can help consumers make informed decisions and encourage competition among businesses to improve their products and services. Options A, B, and C involve manipulative tactics that do not contribute to economic efficiency.

Advertising Can Enhance Economic Efficiency When It