Why do perfectly competitive firms avoid using advertising? O. They can sell all they want at the market price without ads. O. They usually don't have enough revenue to advertise. O. They are afraid the ads will lower the price of their products. O. They usually have a limited distribution network, making advertising unnecessary.
Why do perfectly competitive firms avoid using advertising? O. They can sell all they want at the market price without ads. O. They usually don't have enough revenue to advertise. O. They are afraid the ads will lower the price of their products. O. They usually have a limited distribution network, making advertising unnecessary.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Why do
O. They can sell all they want at the market price without ads.
O. They usually don't have enough revenue to advertise.
O. They are afraid the ads will lower the price of their products.
O. They usually have a limited distribution network, making advertising unnecessary.
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