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Most advertisements are good for consumers as they serve as a source of awareness. Some advertisements have been criticized on moral grounds and on other aspects.
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What are the effects of advertisements on modern consumers?
Advertisements inform consumers more about the products on offer. They also encourage consumers to choose between different brands and thus get better value for money.
Why are most advertisements ignored by consumers?
bad actors
How are consumer tastes and advertising related?
advertisements attempt to direct consumers taste.
What are characteristics of consumers?
They evaluate advertisements. They can identify reliable, trustworthy sources of information. They are aware of quacks.
What are some uses and abuses of advertisements?
Advertisements are used to alert consumers to new products and services. Unfortunately, they sometimes use manipulative tactics in order to get people to purchase items.
Why should consumers be cautious about comparisons in advertisements?
The U.S. government does not evaluate claims between rival companies.
An informed consumers is someone who does what?
Reads advertisements carefully and with a critical eye Learns about products and services before purchasing them
Are avertisements boring useless and misleading?
Not all advertisements are boring, useless, or misleading. Some advertisements can be entertaining, informative, and help consumers make informed decisions about products or services. It is important to critically evaluate advertisements and consider the source of the information before forming an opinion.
What is the primary goal of all advertisements?
The primary goal of all advertisements is to persuade and influence consumers to take action, such as buying a product or service, visiting a website, or engaging with a brand. Ultimately, advertisements aim to drive sales and build brand awareness.
Why would an economist want to study old or new advertisements receipts and coupons?
They study the consumers who buy those goods and services.
What are characteristic of informed consumers?
informed consumers are aware of what is inside the product they have bought, they ask questions and have knowledge about the risks and benefits of the product
What can you do if a retailer does false advertising?
http://en.wikipedia.org/wiki/Lanham_Act You can take action under the Lanham act which protects consumers from false advertisements.
