Regarding our MACRO-marketing system, advertising:
A) creates jobs and raises personal incomes.
B) may lower final consumer prices if it results in economies of scale.
C) encourages innovation.
D) stimulates investment and generates economic growth.
E) All of the above.

Question

Quizplus · Accepted Answer

Advertising creates jobs and raises personal incomes by supporting the advertising industry, including creative agencies, media buying companies, and publishers. It may lower final consumer prices if it results in economies of scale, as increased demand can often result in lower production costs. Additionally, advertising encourages innovation by funding research and development efforts and supporting new product launches. Finally, advertising stimulates investment and generates economic growth by increasing consumer demand and driving sales.

Regarding Our MACRO-Marketing System, Advertising