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The Product-Variety Externality and the Business-Stealing Externality Are Both Spillover

question 164

True/False

The product-variety externality and the business-stealing externality are both spillover benefits of new firms entering a monopolistically competitive market.


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Challenges experienced in adapting to new situations, environments, or changes, potentially causing stress or discomfort.

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The belief that one's abilities and intelligence can be developed through dedication, hard work, and perseverance.

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