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    Modern Principles of Economics Study Set 2
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    Exam 15: Oligopoly and Game Theory
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    Consumers Benefit from Advertising
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Consumers Benefit from Advertising

Question 11

Question 11

Multiple Choice

Consumers benefit from advertising:


A) only when they gain information.
B) if the advertising is not persuasive.
C) because it leads to lower prices for some products.
D) when the advertising is being used as a signal.

Correct Answer:

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