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What is the correct answer?

4

Price-taker firms:

A. Advertise to increase the demand for their product

B. Do not advertise, because most advertising is wasteful

C. Do not advertise because they can sell as much as they want at the current price

D. Who advertise will get more profits than those who do not

Correct Answer :

C. Do not advertise because they can sell as much as they want at the current price


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