Determining the best price of a product

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Reference no: EM133131455

Which of the following is true in an oligopoly?

a.) Advertising will have little effect on the success of a product and is not needed.

b.) Focus on telling customers how the features of a product are different from other products.

c.) Marketing is not needed since demand exists for the product and no one else supplies it.

d.) Determining the best price of a product is more important than its marketing.

Reference no: EM133131455

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