The sale of branded Articles is common in what situation
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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....
djkng0:
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Answered by
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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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