advertisements is a question of the life and death under monopolist competition example the statement by giving valid answering supporting the statement
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Monopolistic competition is the competition with a huge number of buyers and sellers in the market of a particular product.
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Monopolistic competition is the competition with a huge number of buyers and sellers in the market of a particular product. So one of the greatest ways with which one seller differentiates himself from the other is through the way of advertising.
The way the commodity is advertised in front of the consumers makes them attracted to a particular supplier and increase his supply.
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