A firm can signal the high quality of its product by Group of answer choices spending nothing on advertising to convey that the product is so good that the firm does not even need to advertise. spending a large amount of money on advertising. getting a patent for the product. not worrying about getting a patent for the product.

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06-06-2022
Business

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A firm can signal the high quality of its product by Group of answer choices spending nothing on advertising to convey that the product is so good that the firm does not even need to advertise. spending a large amount of money on advertising. getting a patent for the product. not worrying about getting a patent for the product.

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gauravsingh23VT gauravsingh23VT · Answer 1 · 2022-06-17T15:41:11-04:00

Spending a large amount of money on advertising is the firm can signal the high quality of its product.

Why companies spend large amount on advertising?

Companies spend sufficient amount of money on advertising because, promotions play an essential role, and it is direct related to the selling of the end products, and eventually it helps them to generate more revenue.

Thus, option A is correct.

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Why companies spend large amount on advertising?

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