Respuesta :
Getting a celebrity to endorse your product will perform a better job of helping you retain economic profit in a monopolistically competitive market. So the answer is Option A.
What is a market with monopolistic competition?
There are still numerous sellers engaged in monopolistic rivalry (as we had under perfect competition). Today, they don't sell the same products, though. Instead, they promote differentiated goods—items with similar functionality but little differences or diverse perspectives. Differentiating products from one another can be done in a number of ways, including by brand name, quality, style, convenience, and location.
How may a product be differentiated?
Sometimes, it's purely geographical; regardless of the brand, you probably buy gas at the station that's nearest to your house. Other times, advertising intended to persuade consumers that one product is different from another and better than it is used to promote perceived differences between items. Nevertheless, no matter how many clients a product has, if its price goes up too much, the supplier runs the danger of losing them to a competitor. As a result, businesses have little to no control over pricing in monopolistic competition.
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