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12 November, 05:47

Consider brand names and advertising, and then choose the correct statement.

A. Suppliers of advertising face two interdependent supply curves.

B. Firms that produce advertising trade in a "two-sided market".

C. The advertising market produces the efficient quantity of advertising and brand names.

D. Brand names give producers an incentive to create below-standard products after customers become loyal.

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  1. 12 November, 09:36
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    B. Firms that produce advertising trade in a "two-sided market".

    Explanation:

    It is a business model for economic exchange between two distinct user groups.
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