The View That Advertising Serves as a Source of Information

Multiple Choice

The view that advertising serves as a source of information suggests that advertising is:

A) a low-cost way of providing information on price and quality of products and making markets work better.
B) a way of creating artificial product differentiation that induces consumers to buy products they really do not demand.
C) effective only when it is used by monopolists.
D) beneficial to consumers but adds to a firm's irrecoverable costs of production.