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Question 8 Critics of advertising argue that in some markets advertising may A attract products of lower quality into the market. B attract less informed buyers into the market. C decrease elasticity of
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Question 8

Critics of advertising argue that in some markets advertising may
A attract products of lower quality into the market.
B attract less informed buyers into the market.
C decrease elasticity of demand allowing firms to charge a larger markup over marginal cost.
D enhance competition in markets to an unnecessary degree.
Question 9

User Vladi
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Answer:

C decrease elasticity of demand allowing firms to charge a larger markup over marginal cost.

Step-by-step explanation:

User Jack Guy
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