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 these alternatives is correct.

Question

Quizplus · Accepted Answer

None of the given alternatives are correct. Advertising is a widely used tool for companies to promote their products and services to potential customers. While it may increase the overall cost of a product, it also helps to create brand awareness and drive sales, ultimately leading to increased revenue and potential for economies of scale in production. However, advertising alone cannot guarantee a product's success as it also depends on factors such as product quality, competitive pricing, and consumer demand.