Suppose a Monopolist Chooses to Advertise Its Good and Its

Multiple Choice

Suppose a monopolist chooses to advertise its good and its own demand curve shifts to the right, then we know that

A) the industry's demand curve shifts in precisely the same way
B) its competitors share some of the benefits of the advertising
C) the monopolist's cost curves will shift to accommodate the shift in demand
D) the price of substitute goods will fall
E) consumers are turned off by the advertising and buy less at every price