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What are the different views of Advertising?
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- Exercise A.7. If you were thinking about getting into the ice cream business, would you try to make an ice cream exactly like the (successful) brands that already exist? Explain your decision using the ideas about monopolistic competitionHow does advertising help firms? In which market would you expect firms to use advertise mostly, monopoly, perfect competition or monopolistic competition? Explain.The table shows the costs and revenue for Glitter Ltd., a monopolistic competitor that sells earrings. Calculate the missing values in the table to the nearest whole number.
- a diagram of depicting a firm that is making a profit in a monopolistically competitive market?Week #8 Assignment: 2. Sub-subje Monopolistic Competitor What is the profit - maximizing output level? What is the firm's proft - maximizing price? Is this firm productively efficient? Will the firm eam a profit or loss at the profit - maximizing output level? How much is that profit or looss? Based on this information, do you think fims will enter or exit this industry? Why or whynot?3.The role of brand names and advertising PLEASE HELP ME
- Using examples expalin how monopolistically competitive and oligopolistic firms use non price methods to competeBranding involves creating and communicating a unique image and theme for a product in the consumers' mind. Does successful branding increase Market Power? how and why?Discuss the long-term effects in a monopolistically competitive market if an existing firm is making profits or losses. Use graphs to help your explanations.
- What is the relationship between product differentiation and monopolistic competition?Why do companies in monopolistic markets keep advertising? Explain with pictures.The Monopolistically Competitive Outcome & Profit or Loss need to be drawn on the graph. The Profit maximizing choice of output underlined blank space can be filled in with the word options I provided. Check all that apply.. I just want to say Thanks for all your help. =) -------}-----@
