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Author Question: In monopolistically competitive markets, advertising is an ____ type of non-price competition ... (Read 107 times)

nevelica

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In monopolistically competitive markets, advertising is an ____ type of non-price competition because it is used to ____ the demand for a firm's products.
 a. important; increase
 b. unimportant; increase
  c. important; decrease
 d. unimportant; decrease

Question 2

According to the Coase theorem, if the initial distribution of rights favors some party, market efficiency will ensure that the net benefits to that party are maximized.
  Indicate whether the statement is true or false



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zhanghao

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Answer to Question 1

a

Answer to Question 2

F





 

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