Which of the following shows an advantage of advertising?
a. A billboard ad persuades Min-seo that using a perfume will enable her to get the man of her dreams.
b. A magazine ad causes Seo-yun to mistakenly think a cosmetic prevents acne.
c. A TV ad causes Do-yun to consider buying a sports car he cannot afford.
d. A radio ad informs Ji-hu that a sale he wants to go to will last only one more day.
d. A radio ad informs Ji-hu that a sale he wants to go to will last only one more day.
You might also like to view...
The top quintile's share of all income exceeds 50% in 2005
Indicate whether the statement is true or false
Money serves as a medium of exchange, which means:
a. it acts as an intermediary between the buyer and the seller. b. it will still hold its value. c. it is the ruler by which other values are measured. d. it must also be acceptable to make purchases today that will be paid in the future.
Disinflation is a reduction in
a. the price level. b. the inflation rate. c. the consumer price index. d. All of the above are correct.
All of the following statements about asymmetric information are true except
A. asymmetric information occurs when one party to a transaction has relevant information to the transaction that the other party does not have. B. asymmetric information occurs in the market for used cars and in the insurance market. C. asymmetric information creates market failures because it makes it harder for individuals to engage in transactions that would take place in the presence of perfect information. D. asymmetric information can only be solved through government intervention.