How might aggressive advertising by firms, strategic product placement, and etc influence the level of utility we will o
Posted: Sun Jul 03, 2022 1:05 pm
How might aggressive advertising by firms, strategic product placement, and etc influence the level of utility we will or expect to receive from he good: regardless of its characteristics? Take the time to consider a good's advertising that made your demand more inelastic for the good and influenced your preferences and willingness to pay for the good regardless of the good's quality. Is it all about influencing the psychological value of the good?