Your decision to purchase which product

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Reference no: EM1313924

Q1. Why might one person work more, earn more also pay more income tax when his or her tax rate is cut, while another person will work less, earn less also pay less income tax under the similar circumstance?

Q2. Why is there so much advertising in monopolistic competition? Pick a product which you have purchased in a monopolistically competitive market structure also tell us Explain how advertising did or did not play a key role in your decision to purchase which product. Why might it be excessive at times?

Reference no: EM1313924

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