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more than 200$ billion are spent on media advertising in the US. which of the assumptions...

more than 200$ billion are spent on media advertising in the US. which of the assumptions of perfect competition does this feature diverge from?

A barriers to entry and exit of firms

B informational asymmetry

C restricted mobility of factors of production

D governmental intervention

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Answer #1

B informational asymmetry

Explanation: In perfect competition, there is no information asymmetry and firms do not indulge in advertising.

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