One theory of advertising suggests that
a. advertising is more effective for industrial products than consumer products.
b. the content of advertising may be irrelevant to product success in the market.
c. regulations limiting advertising benefit consumers, but not producers.
d. television advertising is more effective in reducing competition than ads on websites.
b
Economics
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Without trade, a country's consumption possibilities are
A. Greater than with trade. B. More than its terms of trade. C. Limited to its domestic production possibilities. D. Less than its trade balance.
Economics
The invisible hand principle indicates that when individuals are directed by prices determined in competitive markets, their actions will tend to promote the efficient use of resources
What will be an ideal response?
Economics