Advertising is typically inefficient for the market. Briefly discuss why this is the case? Is there a time when advertising is efficient for the market? Provide an example.
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- Why does native advertising need to be regulated?With the development of information technology, advertising is becoming more intrusive in our daily lives. Discuss the pros and cons of advertising of medical and pharmaceutical products? Should the government impose more restrictions on advertising on these products? If so, under what conditions?One requirement for effective advertising is the ability to break through competitive clutter. Explain what this means, and provide two examples of advertising methods that successfully accomplish this.