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chloe fuller
on Nov 16, 2024

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Which of the following is not an argument made by critics of advertising?

A) Advertising manipulates people's tastes.
B) Advertising impedes competition.
C) Advertising promotes economies of scale.
D) Advertising increases the perception of product differentiation.

Economies Of Scale

The property whereby long-run average total cost falls as the quantity of output increases.

Competition

The rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, distribution, and promotion.

  • Detail the contribution and consequences of advertising in setting products apart and intensifying competitive market dynamics.
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SK
Sohan KingraNov 21, 2024
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