1.1. In which of the following cases is advertising likely to be economically useful? Economically wasteful? Explain...

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1.1. In which of the following cases is advertising likely to be economically useful? Economically wasteful? Explain your answer.

a. Advertisements on the benefits of aspirin

b. Advertisements for Bayer aspirin

c. Advertisements on the benefits of drinking orange juice

d. Advertisements for Tropicana orange juice

e. Advertisements that state how long a plumber or an electrician has been in business

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Economics

ISBN: 978-0716771586

2nd Edition

Authors: Paul Krugman ,Robin Wells

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