Economy, asked by Bhupalsingh2850, 1 year ago

Impact of attractive advertisement on the demand for consumer goods

Answers

Answered by Anonymous

1

Answer:

Explanation:

So if advertising affects marginal cost, then it will shift supply. ... This is because only demand shifts, and since it increases we have more people buying the product which increases quantity demanded, and because firms are only willing to supply the increased amount at increased prices, the price goes up as well.

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