The middle class grew rapidly. -D. Roe
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advertising is a sub system of economic system of nation. advertising in the developing countries like india, plays an important role in economy. Advertising has various positive and negative economic aspects. POSITIVE ASPECTS A) Effect on costs 1. Effect on production cost 2. Effect on distribution cost 3. Effect on prices B)Effect on demand C)Effect on Competition D)Effect on consumer choice E)Effect on Business cycles F)Effect on Nation income G)Effect on Employment Positive Social Effects 1. Information 2. Material Utilities 3. Production 4. Consumption 5. Socio-Economic Welfare
Bruh y'all f**ked with this answer -herbs
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Under pure competition there are large number of buyers and sellers, homogeneous products and free entry and exit. Whereas under Monopoly there is a single seller, there are no close substitutes for the commodity it produces and there are barriers to entry.
F, not E The letter F is the monogram of the coin's designer James Fraser.