asked 209k views
4 votes
Katy owns a monopolistically competitive firm that has many competitors that advertise. what can katy realistically hope to achieve if she decides to advertise, as well?

asked
User Lorianne
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8.5k points

1 Answer

3 votes

If Katy owns a monopolistically competitive firm, and she has decided to advertise her firm with means of having people to see and recognize her firm, then it is most likely that she could hope that people will came to notice their firm and people will start to grow or consumers will be much many compared to before it has even advertised.

answered
User Wolfgang Skyler
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8.1k points
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