18. Which of the following is not an argument put forth by economists in support of the...

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18. Which of the following is not an argument put forth by economists in support of the use of advertising?

a. Advertising provides information to customers about prices, new products, and location of retail outlets.

b. Advertising provides a creative outlet for artists and writers.

c. Advertising increases competition.

d. Advertising provides new firms with the means to attract customers from existing firms.

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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics

ISBN: 9783030019983

5th Edition

Authors: David R. Hakes

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Question Posted: Nov 15, 2024 05:00 AM

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18. Which of the following is not an argument put forth by economists in support of the...

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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics

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