A business-stealing externality a. is an externality that is likely to be punish

Question

A business-stealing externality a. is an externality that is likely to be punished underantitrust laws. b. is the negative externality that occours when one firmattempts to duplicate exactly the product of a different firm c.is an externality that is considered to be an explicit costof business in monopolistically competitive monopolisticallycompetitive markets. d.is the negative externality associated with entry of newfirms in a monopolistically competitive market. A business-stealing externality a. is an externality that is likely to be punished underantitrust laws. b. is the negative externality that occours when one firmattempts to duplicate exactly the product of a different firm c.is an externality that is considered to be an explicit costof business in monopolistically competitive monopolisticallycompetitive markets. d.is the negative externality associated with entry of newfirms in a monopolistically competitive market.

Explanation / Answer

D. IS THE NEGATIVE EXTERNALITY ASSOCIATED WITH ENTRY OF NEW FIRMS IN A MONOPOLISTICALLY COMPETITIVE MARKET

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