An empirical study compared the price of eyeglasses in states that restricted advertising by optometrists with those that did not.The study revealed:
A)That the average price of eyeglasses in states where advertising was restricted was higher than the average price in states were advertising was not restricted
B)That the average price of eyeglasses in states where advertising was not restricted was higher than the average price in states where advertising was restricted
C)That the average price of eyeglasses did not differ between states where advertising was restricted and those in which advertising was not restricted
D)That the greater the level of advertising, the higher the average price of eyeglasses

Question

​An empirical study compared the price of eyeglasses in states that restricted advertising by optometrists with those that did not.The study revealed: ​
A)​That the average price of eyeglasses in states where advertising was restricted was higher than the average price in states were advertising was not restricted
B)​That the average price of eyeglasses in states where advertising was not restricted was higher than the average price in states where advertising was restricted
C)​That the average price of eyeglasses did not differ between states where advertising was restricted and those in which advertising was not restricted
D)​That the greater the level of advertising, the higher the average price of eyeglasses

Quizplus · Accepted Answer

The study found that restricting advertising led to higher average prices, suggesting that advertising restrictions may limit competition and keep prices higher.

​An Empirical Study Compared the Price of Eyeglasses in States

An Empirical Study Compared the Price of Eyeglasses in States