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a. Assume you are the owner of a rm in a perfectly competitive market. You were informed that no one is advertising and that if

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a. Assume you are the owner of a rm in a perfectly competitive market. You were informed that no one is advertising and that if you do you can increase your sales therefore your prots in the short run. Would you create an aggressive advertising campaign for your product? Discuss b. The kinked demand curve is a prominent feature in the oligopolistic market that makes it prohibitive to competitive pricing and excess prots. Despite it rm in an oligopolistic structure continue to make positive prot. discuss

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