Problem
Explain why firms advertise ? Give ten examples of differentiated goods or services. Explain what differentiates them? Why will a firm choose to produce where MR = MC? Why not choose a quantity where MR > MC? Describe profit maximization in terms of marginal revenue and marginal costs.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.