Economy, asked by kaushilyap33, 5 months ago

highlight the importance of selling costs in a monopolastically competitive market ​

Answers

Answered by Dinogyu17
1

Answer:

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Explanation:

Under monopolistic competition, products are differentiated and these differences are made known to the buyers through selling costs. ... Such costs are incurred to persuade the buyers to buy a particular brand of the product in preference to competitor's brand.

Answered by Anonymous
22

Answer:

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Explanation:

Under monopolistic competition, products are differentiated and these differences are made known to the buyers through selling costs. ... Such costs are incurred to persuade the buyers to buy a particular brand of the product in preference to competitor's brand.

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