Discuss why is there so much advertising in monopolistic


1. Explain why is there so much advertising in monopolistic competition and oligopoly? Discuss how does such advertising help consumers and promote efficiency? Why might it be excessive at times?

2. Discuss why is there so much advertising in monopolistic competition and oligopoly? Explain how does such advertising help consumers and promote efficiency? Why might it be excessive at times? 

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Macroeconomics: Discuss why is there so much advertising in monopolistic
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