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I am Lyosha [343]
2 years ago
6

The product-variety externality is associated with the A. opportunity cost of firms exiting a monopolistically competitive indus

try. B. loss of consumer surplus from exposure to additional advertising. C. producer surplus that accrues to incumbent firms in a monopolistically competitive industry. D. consumer surplus that is generated from the introduction of a new product.
Business
1 answer:
Viefleur [7K]2 years ago
4 0

Answer:

The correct answer is letter "D": consumer surplus that is generated from the introduction of a new product.

Explanation:

Externalities are defined as the effects passed on third parties as a result of the actions of another individual or organization even if the third party has nothing to do with the operations of the individuals or entities. Externalities can be positive or negative.

The product-variety externality is an example of a positive externality. The product-variety externality takes place when a new product is introduced in the market generating a consumer surplus. Thus, end-users benefit from the variety of products available in the market even if that represents more competition for companies.

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Which of the following is important in determining the extent of competition in an industry?
diamong [38]
The answer is c

i hope that helped
5 0
3 years ago
Because resources are scarce, if society produces more of one commodity, it has to sacrifice some amount of another commodity. T
ycow [4]

Answer:

C.  the opportunity cost

Explanation:

The opportunity cost -

It refers to the amount of benefit received by the business , investors or an individual , during the process of selecting any alternative , is referred to as the opportunity cost .

These cost can be ignored very easily , in case not seen properly .

The opportunity cost can very well be used to any important and educational decisions for the betterment of the company or firm.

Hence , from the given information of the question,

The correct option is C.  the opportunity cost .

8 0
3 years ago
Read 2 more answers
At its simplest, the term "sovereign' refers to the source of _____ in a political community.
hammer [34]
Independance. a sovereign state is one who has a permanent population, a defined territory, a government and so on.
3 0
3 years ago
Other things held constant, which of the following actions would increase the amount of cash on a companys balance sheet? Select
Leokris [45]

Answer:

Correct option is (c)

Explanation:

When the company repurchases common stock, it has to pay cash to the shareholders to gain rights on the stocks. So, cash decreases in this case.

Payment of dividend also decreases cash from balance sheet.

When company needs cash for investment or growth purpose, it issues common stock to raise funds, thereby increasing cash in the company's balance sheet.

When company gives more time to its debtors, receipt of cash is delayed thereby not increasing cash in balance sheet.

Purchase of new equipment will reduce cash balance.

So issue of new shares increase cash balance in balance sheet.

7 0
3 years ago
To remain efficient and effective, workflow must follow a certain_____ within each department's function​
anygoal [31]

To remain efficient and effective, the workflow must follow a certain process flow chart within each department's function.

This is because a process flow chart is a pictorial representation of how each step of a process will be carried out one after the other.

Each step is represented with the actions to be carried out, including the decision.

Usually, a process flow chart is depicted with a shape and line arrow to show the direction from one step to another.

Hence, in this case, it is concluded that to remain efficient and effective, the workflow must follow a certain process flow chart within each department's function.

Learn more here: brainly.com/question/20304492

3 0
2 years ago
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