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Author Question: In monopolistically competitive markets, advertising is an ____ type of non-price competition ... (Read 108 times)

nevelica

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

F


nevelica

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Reply #2 on: Jun 30, 2018
Thank you


zhanghao

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Reply #3 on: Jun 30, 2018
No problemo


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