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How will managers of a monopolistically competitive firm decide on the optimal level of production?explain. You recently noted that a national sports apparel company (in

How will managers of a monopolistically competitive firm decide on the optimal level of production?explain.
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. Why would the apparel company engage in such behavior?Explain.

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