question archive For each of the following pairs of firms, explain which firm would be more likely to engage in advertising
For each of the following pairs of firms, explain which firm would be more likely to engage in advertising
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For each of the following pairs of firms, explain which firm would be more likely to engage in advertising.
a) A family-owned farm or a family-owned restaurant.
b) A manufacturer of forklifts or a manufacturer of cars.
c) A company that invented a very comfortable razor or a company that invented a less comfortable razor.
Option 1
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