Advertising
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Advertising: This is a unique section in that most textbooks present a discussion of advertising as part of the chapter on monopolistic competition and/or oligopoly. Students should be reminded, however, that for any firm with market power (including a monopolist), advertising can be used to boost demand and possibly increase profits. The important caveat is that choices about advertising should be subject to the same kind of marginal analysis that is used to evaluate the output and pricing choices of the firm.

