Advertising is very important to firm operating in:
a. perfect competition but not in monopolistic competition
b. monopolistic competition but not in perfect competition.
c. perfect competition and monopolistic competition but not in monopoly.
d. none of the above
b
Economics
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What is meant by producer surplus? How is producer surplus in a competitive market calculated?
What will be an ideal response?
Economics
Which organization determines procedures for the settlement of international trade disputes?
A) World Bank B) World Trade Organization C) International Monetary Organization D) International Bank for Reconstruction and Development E) The League of Nations
Economics