-When an Oligopolistic Firm Advertises Its Products,its Demand Curve Shifts

question 95

Multiple Choice

-When an oligopolistic firm advertises its products,its demand curve shifts rightward because

• A) its products are now cheaper.
• B) other firms also advertise their products.
• C) customers may switch brands in favour of the advertised products.
• D) new customers who did not previously use the products may now purchase the advertised products.
• E) customers may switch brands in favour of the advertised products,and new customers who did not previously use the products may now purchase the advertised products.

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