Which of the following is not an argument put forth by economists in support of the use of advertising ?

A. Advertising increases competition
B. Advertising provides information to customers about prices, new products and location of retail outlets.
C. Advertising provides a creative outlet for artists and writers
D. Advertising provides new firms with the means to attract customers from existing firms.

Correct Answer: Advertising provides a creative outlet for artists and writers ✔

Last Updated: June 18, 2019