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4 Would we expect to see a single firm in perfect competition advertise O Yes, very important to get one's name before the pubic O
4 Would we expect to see a single firm in perfect competition advertise O Yes, very important to get one's name before the pubic O Yes, it's important to be sure people know your product O No, it is costly to advertise and the price is already at its lowest cost point No, as the good is the same as everyone else's, the firm cannot distinguish its good from others O Both yes answers are correct Both No answers are correct
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