1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natta225 [31]
3 years ago
10

The product-variety externality is associated with the A. consumer surplus that is generated from the introduction of a new prod

uct. B. loss of consumer surplus from exposure to additional advertising. C. producer surplus that accrues to incumbent firms in a monopolistically competitive industry. D. opportunity cost of firms exiting a monopolistically competitive industry.
Business
1 answer:
Vlad [161]3 years ago
4 0

Answer:

A. consumer surplus that is generated from the introduction of a new product.

Explanation:

The product-variety externality is defined as consumer get the surplus that is generated from the introduction of a new product and entry of a new firm conveys a positive externality on consumers. It arises as new firms offer products that differ from those of the existing firms, however, it does not happen under perfect competition. Competitive market lead to efficient outcomes, unless there are externalities.

You might be interested in
In expanding into foreign markets, a company can strive to gain competitive advantage (or offset domestic disadvantages) by
il63 [147K]

Here's the options that completes the question:

A. building a state-of-the-art facility to fully capture scale economies via an export strategy.

B. using export, licensing, or franchising strategies so as to minimize risk and capital investment.

C. locating buyer-related activities in all countries where it sells its product.

D. dispersing its activities among various countries in a manner that lowers costs or else helps achieve greater product differentiation and transferring competitively valuable competencies and capabilities from its domestic operations to its operations in foreign markets.

E. avoiding the use of strategies that entail coordinating its domestic strategic moves with its strategic moves in the various foreign markets that it enters.

Answer:

D. dispersing its activities among various countries in a manner that lowers costs or else helps achieve greater product differentiation and transferring competitively valuable competencies and capabilities from its domestic operations to its operations in foreign markets

Explanation:

A key condition that makes a firm achieve competitive advantage or a favourable business position is it's costs and product design.

If a firm can lower it's cost in a foreign market while also maintaining quality just as it is has done in it's domestic market then it stands a better chance of success.

For example, if a firm in the clothing line industry decides to expand its operations to a foreign market eg Africa.

A key factor in determining its success is its ability to lower its cost in the foreign market as compared to competitors, while also achieving the same quality standards of products.

7 0
4 years ago
No rule 34 stuff people
Rama09 [41]
This is very much factual
6 0
3 years ago
Read 2 more answers
carole earns $2.50 for each gadget she completes. what was her gross pay if she completed 145 gadgets last week? a. $362.50 b. $
NARA [144]
$2.50*145= $362.50

362.50
8 0
4 years ago
Which of the following is an example of successive approximation
nadya68 [22]
Giving positive reinforcement when a student comes close to what you wanted 
5 0
3 years ago
Which of the following statements about marketing is true?
horsena [70]

The most accurate statement about marketing is that <u>B) It can help </u><u>create jobs </u><u>in the </u><u>economy </u><u>by </u><u>increasing demand </u><u>for </u><u>goods </u><u>and </u><u>services</u><u>.</u>

Marketing refers to the various methods a company is able to advertise itself and its products such that more people will becoming interested in it thereby leading to an increase in demand for their goods and services

If this happens to a company, they will be able to make more profit which will allow them to expand. Expansion needs more employees to work so the company will have to hire more people thereby creating jobs in the economy.

Other options are wrong because:

  • Marketing is always important, even when goods are standardized
  • Marketing has an impact on the intangible assets of a company especially goodwill
  • Marketing is more important to smaller firms than larger ones

In conclusion, marketing leads to increased employment in an economy.

<em>Find out more at brainly.com/question/19485755.</em>

<u>Options for this question include:</u>

A) It is of little importance when products are standardized.

B) It can help create jobs in the economy by increasing demand for goods and services.

C) It helps to build a loyal customer base but has no impact on a firm's intangible assets.

D) It is more important for bigger organizations than smaller ones.

5 0
3 years ago
Other questions:
  • Searcy has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2020, it is learned
    15·1 answer
  • Define Justice as it relates to Business
    9·1 answer
  • Diane owns a bakery where she sells cupcakes. Two blocks down there is another bakery, CC’s Bakery, that sells cupcakes for $1 l
    9·1 answer
  • Ted earned $150,000 during the current year. He paid Alice, his former wife, $75,000 in alimony. The couple divorced in 2016. Un
    7·1 answer
  • Large firms with multiple offerings in a particular product category engage in ________ targeting strategies to obtain a bigger
    6·1 answer
  • The Bogart Company produces 5,000 units of item SLM 46 annually at a total cost of $200,000
    7·1 answer
  • What will we never do in a world of scarcity? Group of answer choices Satisfy all basic human needs. Satisfy all basic human wan
    7·1 answer
  • What do you mean by quality control ? Discuss the need for controlling quality of goods and services ?
    14·1 answer
  • A company using public relations sends information to media outlets such as
    13·1 answer
  • 6 major jobs of the federal reserve
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!