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Why do you think that launching a new brand is often done in monopolistic competition?

2006-10-20 08:14:59 · 2 answers · asked by hugh_grant27 1 in Education & Reference ➔ Higher Education (University +)

2 answers

A new brand is probably launched to try gain market share,
or try to get consumer to spend more than they already do.

2006-10-20 08:22:14 · answer #1 · answered by Answerer17 6 · 0⤊ 0⤋

It's done to make money

2006-10-20 08:17:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋

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