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    Microeconomics Study Set 25
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    Exam 15: Monopolistic Competition and Product Differentiation
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    Those Who Are Critical of Advertising Argue That It
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Those Who Are Critical of Advertising Argue That It

Question 144

Question 144

Multiple Choice

Those who are critical of advertising argue that it:


A) tends to make markets behave more like perfectly competitive markets.
B) leads to a shortage of high-cost,high-quality goods.
C) results in higher prices to consumers.
D) encourages competition through price comparison.

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