Which of these is true- For a monopolistic firm, a) Funds are spent on activities like aggressive advertisement, brand name and packaging, product development, efficient after sale services. b) The demand curve faced by the market is horizontal. c) Marginal revenue is less than AR.

a, b and c a and b b and c c and a

c and a

Demand curve is not horizontal, it is little steep but not as much of a monopoly.