Asked by Akwinder Chattha on May 01, 2024
Verified
The basic function of advertising, according to its proponents, is to assist consumers in making informed, rational choices.
Advertising
The process or occupation of creating promotional content for goods or services.
Rational Choices
Decisions made by individuals that maximize their utility on available information and resources.
- Discern the impact of advertising in the marketplace, taking into account both its favorable outcomes and possible shortcomings.
Verified Answer
ZK
Zybrea KnightMay 03, 2024
Final Answer :
True
Explanation :
Advertising provides information about products and services, highlighting features, benefits, and prices, which can help consumers make informed decisions based on their needs and preferences.
Learning Objectives
- Discern the impact of advertising in the marketplace, taking into account both its favorable outcomes and possible shortcomings.
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