Author Question: When advertising enhances the ability of markets to allocate resources, it is most likely: a. ... (Read 109 times)

fasfsadfdsfa · **on:** Jun 30, 2018

When advertising enhances the ability of markets to allocate resources, it is most likely:
a. manipulating people's tastes.
b. increasing the brand loyalty of existing customers.
c. advertising about the existence of new products.
d. addressing psychological, rather than informational, characteristics of a good.

Question 2

To prevent radio interference and crowding of geostationary satellites, governments are working to replace the earlier first-come first-served system with auctions that will allocate equipment and radio frequencies to high bidders.
Indicate whether the statement is true or false