Economy, asked by TbiaSamishta, 1 year ago

The sale of branded Articles is common in what situation

Answers

Answered by djkng0
1

When we purchase for ourself

Because for others we purchase local items...

That's the human nature we can't do anything

Hope it helps....


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Answered by Sidyandex
1

The sale of branded Articles is common in monolistic competition between two or more brands producing and dealing with same or simiar goods.

In this situation any brand automatically picks up the price of other firm in order to enhance their sale without thinking of the impact of this on the other firms.

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