Wednesday, 25 June 2014

Do monopolistically competitive markets typically have the optimal number of products?

Do monopolistically competitive markets typically have the optimal number of products? Explain. 2. The chapter says that monopolistically competitive firms may send Christmas cards to their customers. What do they accomplish by this? Explain in words and with a diagram. 3. 9. Describe three commercials that you have seen on TV. In what ways, if any, were each of these commercials socially useful? In what ways were they socially wasteful? Did the commercials affect the likelihood of your buying the product, and why?

No comments:

Post a Comment