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Determine the major supporting details of this paragraph. Advertising is part of the free market system and has several benefits. First, by encouraging competition, it
Determine the major supporting details of this paragraph. Advertising is part of the free market system and has several benefits. First, by encouraging competition, it fosters economic growth. New products are developed and offered, stimulating the economy even more. Second, volume sales can lead to lower production costs. These savings will be passed on to consumers in the form of lower prices. Finally, from an economic standpoint, advertising provides information about alternatives and provides consumers with recall cues that help them make substitutes at the time of purchases. If they can't afford a product, then another less expensive one will easily substitute. Advertising lets people know what is available, and that helps them make consumption decisions. Adapted from Kotler and Armstrong, Principles of Marketing, 13th ed., p. 206-207. Specifically, the major details are _______. Question 11 options: consumers, economic standpoint, and time of purchase new products, volume sales, and lower production fosters economic growth, lowers prices, and provides information recall cues, making substitutes, and consumption decisions
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