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Answer to Question #92032 in Economics for Ida
Question #92032
Pharmaceutical companies typically have high advertising to sales ratios because:
a.Prescription drugs are search goods.
b.Prescription drugs are experience goods.
c.Free samples to doctors are expensive.
d.Television advertising is expensive.
a.Prescription drugs are search goods.
b.Prescription drugs are experience goods.
c.Free samples to doctors are expensive.
d.Television advertising is expensive.
Expert's answer
b.Prescription drugs are experience goods.
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