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    Principles of Microeconomics Study Set 4
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    Exam 11: The World of Imperfect Competition
  5. Question
    If Advertising _______ Competition, It Tends to _______ Prices
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If Advertising _______ Competition, It Tends to _______ Prices

Question 113

Question 113

Multiple Choice

If advertising _______ competition, it tends to _______ prices.


A) reduces; raise
B) reduces; lower
C) increases; raise
D) increase; have no effect on

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