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Author Question: Critics of advertising argue that advertising by its very nature imposes a cost on society. Explain ... (Read 96 times)

vHAUNG6011

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on: Jun 29, 2018
Critics of advertising argue that advertising by its very nature imposes a cost on society. Explain what these costs are.
 
  What will be an ideal response?

Question 2

In the United States in 2014, the percentage of firms that employed more than 200 workers and did not offer health insurance as a fringe benefit to the workers was about
 
  A) 2. B) 29. C) 44. D) 98.


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blfontai

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Reply #1 on: Jun 29, 2018
Answer to Question 1

The argument is that large sums of money are spent to create minute, meaningless differences among products. Because of the money spent to create these differences the price of the product is increased. Advertising expenditures may also serve as a barrier to entry, as in the breakfast cereal industry.

Answer to Question 2

A


vHAUNG6011

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Reply 2 on: Jun 29, 2018
Excellent

coreycathey

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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