If a large number of individuals are affected by an external benefit, private bargaining will not work because of ?

Related Mcqs:

Private goods are ?

A. non-rival in consumption and their benefits are nonexcludable: B. rival in consumption and their benefits are excludable C. rival in consumption and their benefits are non-excludable D. non-rival in consumption and their benefits excludable...

________ consists of dividing a market into distinct groups of buyers on the basis of needs, characteristics or behavior who might require separate products or marketing mixes?

A. Product differentiation B. Market segmentation C. Market targeting D. Market positioning...

The course of a product’s sales and profits over its lifetime is called ?

A. the sales chart B. the dynamic growth curve C. the adoption cycle D. the adoption cycle E. the product life cycle...

In terms of execution style a family seated at the dinner table enjoying the advertised product would be an example of which of the following types of advertising ?

A. Slice of life B. Lifestyle C. Mood or imagery D. Personality symbol...

A price reduction to buyers who buy in large volumes is called a(n) ?

A. quantity discount B. cash discount C. seasonal discount D. trade discount...