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Discussion questions are due Tuesday 11:59 pm end of day. Please answer all parts of the discussion question, discuss in detail and use examples to

Discussion questions are due Tuesday 11:59 pm end of day.Please answer all parts of the discussion question, discuss in detail and use examples to support your argument.In order to earn full credit respond correctly to all of the following questions.

Why is there so much advertising in monopolistic competition and oligopoly?

How does such advertising help consumers and promote efficiency?

Why might it be excessive at times?

Give some examples of monopolistic competition and oligopoly firms.

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