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    Principles of Economics Study Set 8
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    Exam 16: Monopolistic Competition
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    Assume the Role of a Critic of Advertising
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Assume the Role of a Critic of Advertising

Question 243

Question 243

Essay

Assume the role of a critic of advertising. Describe the characteristics of advertising that reduce the effectiveness of markets and decrease the social welfare of society.

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Advertising manipulates people's tastes ...

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