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Question 1: As an associate in an advertising rm, explain to your team which rm (per sub-letter) would be more likely to engage in advertising.
Question 1: As an associate in an advertising rm, explain to your team which rm (per sub-letter) would be more likely to engage in advertising. Furthermore, explain the product and the kind of market structure the industry generally belongs to: monopolistic competition or otherwise. (Hint: Just theoretical concept.) a. A family-owned raw chicken meat stall at the wet market or a family-owned gichi- gichi store b. A manufacturer of household electric bills or a manufacturer of cars c. A detachable mobile phone battery or a bubble milktea
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