For each of the following pairs of firms, explain which firm would be more likely to engage
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a. A family-owned farm or a family-owned restaurant
b. A manufacturer of forklifts or a manufacturer of cars
c. a company that invented a very comfortable razor or a company that invented a less comfortable razor
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a A familyowned restaurant would be more likely to advertise than a familyowned farm because the ou...View the full answer
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