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Discuss the market allocates resources to the firms

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Reference no: EM132632718

Question 1: The market allocates resources to the firms that best meet the needs of consumers. Discuss

Question 2: The force of competition, the desires of managers and the needs of shareholders combine to ensure that firm maximize profit. Discuss

Question 3: There is a simple relationship between advertising and profitability the most profitable firm are the advertise most. Therefore, advertising must increase profitability. Discuss

Reference no: EM132632718

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