Defenders of advertising argue that it:
A) informs potential buyers about the properties of goods and services.
B) leads to economic inefficiency.
C) enables small firms to become monopolists.
D) allows lower prices than in a perfectly competitive market.

Question

Quizplus · Accepted Answer

Advertising can be seen as a way to provide information to consumers about the properties and benefits of products and services available in the market, enabling them to make more informed purchasing decisions. This can promote competition among firms and help raise overall product quality.

Defenders of Advertising Argue That It