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When Consumers Are Exposed to Additional Choices Due to the Introduction

Question 113

Multiple Choice
When consumers are exposed to additional choices due to the introduction of a new product,what do we know

When consumers are exposed to additional choices due to the introduction of a new product,what do we know


A) Consumers are likely to have a lower degree of satisfaction
B) A product-variety externality is said to occur.
C) An advertising externality is said to occur.
D) Consumers are likely to experience negative consumption externalities.

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