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A major reason for advertising under monopolistic competition is:

A major reason for advertising under monopolistic competition is:
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Price fixing agreements
  • B Restriction of consumers
  • C Product differentiation
  • D Elimination of substitutes
Correct Answer: Option C
Explanation:
Firms advertise to make consumers see their products as different and more attractive than competing products.

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