Which of the following is considered a likely result from advertising? a. brand names offer consumers no new information about product quality. b. signaling theory suggests that expensive testimonials from celebrities indicate a higher quality product. c. monopolistically competitive firms advertise to misinform consumers.

B) Signaling theory suggests that expensive testimonials from celebrities indicate a higher quality product.

Explanation:

In advertisement, signalling theory uses a biological approach that celebrities, which are seen as successful, wealthy, powerful, etc. transmit a sense of quality to the products that they endorse or recommend.

For example, Mr. T's breakfast cereal was very successful during the 1980s because customers identified Mr. T with being strong, healthy and powerful. Most people are usually followers, not leaders, and we like to follow our famous celebrities.

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.

explanation: i am going to tell you a lie dont know i just wanted to answer lol