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Which of the Following Might Be an Example of an Economic

Question 441

Multiple Choice

Which of the following might be an example of an economic argument against advertising? ​


A) ​It causes the demand for the good to be more elastic
B) ​It allows the producer to earn an economic profit in the long run
C) ​People may be deluded into thinking that a good with a brand name is better than an otherwise identical generic brand
D) ​The claims made in the ads are almost always false

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