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Explain why you only buy the name brand. Does the name brand cost more than the generic version? Why is it worth the extra money?

Posted on May 11, 2023 by Shady

Micro Economics

Monopolistic competition discussion

Describe a product that you will only buy the name brand of (not the generic version). Explain why you only buy the name brand. Does the name brand cost more than the generic version? Why is it worth the extra money?

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