Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
Question
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Chapter 3, Problem 9AA
To determine

The best term which completes the sentence with correct meaning.

Expert Solution & Answer
Check Mark

Answer to Problem 9AA

Option(f) - Assume

Explanation of Solution

The information provided in the advertisements of the products and the services are basically to make the users and the general public aware about the existence of the product and to influence them to buy the product so that the producers can earn profit and increase their sales revenue.

But considering such advertisements to be true or accurate is not the right thing to do as it is not necessary that the goods in reality are in the same way as mentioned in the advertisement. So the best option fits in the blank is ‘assume’ which states that consumers should not assume about the accuracy of the information given in the advertisements of the products.

No other options fit in as the answer to the question because no option except ‘assume’ talks about the certainty of the consumer considering the information in the advertisement to be true.

Economics Concept Introduction

Introduction:

Advertising means the communication about the product to the one who is using it. It is a way or an activity performed so as to inform and influence the users about the products or the services.

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