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Author Question: Advertising a. makes the market more efficient. b. maximizes consumer well-being (thanks to the ... (Read 100 times)

saraeharris

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Advertising
 
 

a. makes the market more efficient.
  b. maximizes consumer well-being (thanks to the invisible hand).
  c. can't be restricted without violating the moral rights of advertisers.
  d. subsidizes the media



Question 2

According to Galbraith's dependence effect,
 
 

a. production depends upon wants.
  b. advertising depends on the wants of the consumer.
  c. consumer demand tends to be shaped by the production process.
  d. advertising depends on consumerism




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jaygar71

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Answer to Question 1

d

Answer to Question 2

c




saraeharris

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Reply 2 on: Jun 19, 2018
Great answer, keep it coming :)


shewald78

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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