1. 2. 3. The product-variety externality is related to the A. lack of client surplus from publicity to extra promoting. B. producer surplus that accrues to incumbent corporations in a monopolistically aggressive trade. C. alternative value of corporations exiting a monopolistically aggressive trade. D. client surplus that’s generated from the introduction of a brand new product
As extra corporations enter the market in monopolistic competitors, the
product selection will increase.
As product selection will increase as a consequence of entry of extra corporations, the
client surplus will increase.
Within the brief run, agency in monopolistic competitors can earn
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