advertising expenses would not be necessary under perfect competition because
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Consumers would have complete knowledge of goods
- B Cost of production would be at the maximum level
- C Every firm would enjoy the benefits of large scale production
- D Income of the consumers in the community would be high
Correct Answer: Option A
Explanation:
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