Which of These Is NOT a Potential Source of Inefficiency

question 407

Multiple Choice

Which of these is NOT a potential source of inefficiency?

• A) external benefits
• B) increasing marginal costs
• C) monopoly
• D) subsidies

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Definitions:

Unicorn

In the business context, a privately held startup company valued at over $1 billion.

Promotional Mix

Combination of personal and nonpersonal selling components designed to meet the needs of a company’s target customers and effectively and efficiently communicate its message to them.

Disruptive Innovations

Less expensive and simpler versions of existing products and services that target an entirely new group of customers.

Guerilla Marketing Strategies

Innovative, unconventional, and low-cost marketing tactics aimed at obtaining maximum exposure for a product or brand.