Advertisement is a component of the cost of a product, right? Some percentage of the total cost associated with producing and selling a product is ads. If they’re no longer allowed, that component disappears.
I’m not saying this leads to a net decrease in cost, but it is a factor which leads to some decrease in cost, so if you want to argue that a net increase in cost takes place, you have to argue why the decreased competition matters more than the direct savings.
Advertisement is a component of the cost of a product, right? Some percentage of the total cost associated with producing and selling a product is ads. If they’re no longer allowed, that component disappears.
I’m not saying this leads to a net decrease in cost, but it is a factor which leads to some decrease in cost, so if you want to argue that a net increase in cost takes place, you have to argue why the decreased competition matters more than the direct savings.
Have a look at https://www.jefftk.com/benham2013.pdf for a discussion around this with eyeglasses advertising