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Author Question: The case against advertising includes the fact that (Read 54 times)

sjones

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on: Apr 19, 2019

Question 1

The case for product differentiation does 
not include the fact that


◦ products that satisfy a real demand survive.
◦ standards of living rise with product innovation.
◦ new products satisfy people with different preferences.
◦ it wastes society's scarce resources.

Question 2

The case against advertising includes the fact that


◦ firms spend large sums of money to create artificial differences among products.
◦ it provides consumers with valuable information about product availability, quality, and price.
◦ it increases competition by decreasing barriers to entry of new firms into an industry.
◦ it ensures high quality and efficient production.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by sjones on Apr 19, 2019

ynlevi

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sjones

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

chereeb

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Reply 3 on: Yesterday
Excellent

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