The idea that when externalities are present private parties can arrive at the efficient solution without government intervention under certain circumstance is known as ?

Related Mcqs:

Which of the following information forms available to the marketing manager can usually be accessed more quickly and cheaply than other information sources ?

A. Marketing intelligence B. Marketing research C. Customer profiles D. Internal databases...

_______ is quoted as saying that everyone lives by selling something?

A. Bill Gates B. Robert Louis Stevenson C. Arthur Miller D. Henry Ford...

Traditionally companies have defined their business in product terms or in technological terms however mission statements should be all of the following EXCEPT ?

A. market oriented B. a statement of religion C. motivating D. based on distinctive competencies...

All of the following considered to be drawbacks of local marketing EXCEPT ?

A. it can drive up manufacturing and marketing costs by reducing economies of scale B. it can create logistical problems when the company tries to meet varied requirements C. it can attract unwanted competition D. it can dilute the brand’s overall image...

The place in the business buying behavior model where interpersonal and individual influences might interact is called the ?

A. environment B. response C. stimuli D. buying center...