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Which of the following is not put forth as a criticism of advertising and brand names? a . Advertising manipulates people's tastes to create a
Which of the following is not put forth as a criticism of advertising and brand names?
a Advertising manipulates people's tastes to create a desire that otherwise would not exist.
b Advertising increases competition, which causes unnecessary bankruptcies and layoffs.
c Advertising increases brand loyalty, causes demand to be more inelastic, and thus, increases markup over marginal cost.
d Brand names cause consumers to perceive differences that do not exist between goods.
e All of the answer choices are criticisms of advertising and brand names.
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