ECON Question

'33 Quiz: Assignmentswnit 8) x 9 Video x I u Course Hero X I + 6 6 C i howardcc.instructure.com/courses/1099073/quizzes/1701532/take 0 Account to Dashboard Courses 9; Groups Calendar Apps II YouTube 9 Maps M Gmail HE HCCOUTLOOK Chapter 6 Homew... Curve Sketching... 3 Google Password Required Enter your password for \"Helendeshaw" in Internet Accounts. Close ' Continue ' Question 8 0.69 pts You recently noted that a national sports apparel company (in a monopolistically competitive market) hired celebrity professional athletes and signed exclusive contracts with some athletic departments of major universities. The apparel company engages in such behavior because: 0 advertising can be used to successfully differentiate a product. 0 advertising can be used to provide useful product information. Q hiring celebrities can send the signal that the product must be good if the company is willing to spend millions on an advertising campaign. 0 of all of the listed options. 0 the company gains exposure (and possibly increased sales with repeat customers) when athletic teams use their products. Question 9 0.75 pts Use the scenario below to answer this question. Man! and Sam are the only two growers who provide organically grown corn to