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1 vote
1 vote
Firms in monopolistic competition spend a lot on advertising because it

A. effectively decreases the demand curve.
B. will allow them to lower the price and increase revenue.
C. is a good way to differentiate their products to consumers,
D. makes the demand for their products more elastic.

User Janfy
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1 Answer

15 votes
15 votes
C. It is a good way to differentiate their products to consumers.
User Nathan Jhaveri
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