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1.)Advertising is an economically productive activity and NOT a waste of resourc

ID: 2495795 • Letter: 1

Question

1.)Advertising is an economically productive activity and NOT a waste of resources because: a -advertisements increase profits. b -advertisements can convey information about the product. c -if consumers don't have good information about a product, ads can serve as indirect signals about the provider. d -advertisements can convey information about the product and because if consumers don't have good information about a product, ads can serve as indirect signals about the provider. 1.)Advertising is an economically productive activity and NOT a waste of resources because: a -advertisements increase profits. b -advertisements can convey information about the product. c -if consumers don't have good information about a product, ads can serve as indirect signals about the provider. d -advertisements can convey information about the product and because if consumers don't have good information about a product, ads can serve as indirect signals about the provider.

Explanation / Answer

The correct answer is option (D).

Advertisements can convey information about the product and because if consumers don't have good information about a product, ads can serve as indirect signals about the provider. It is helpful for spreading awareness about the product. It plays the role of right to information about the product.