Advertising
A) always results in higher prices for products.
B) is a waste of resources.
C) costs so much that it reduces the chance to achieve economies of scale in production.
D) guarantees a product's success.
E) None of the above is true.

Question

Quizplus · Accepted Answer

None of the statements are true. The impact of advertising on prices and production costs depends on various factors, and it does not guarantee a product's success. However, advertising can be an effective way to promote products and increase brand awareness, leading to higher sales and profits in the long term.