When Existing Firms Lose Customers and Profits Due to Entry

question 81

Multiple Choice

When existing firms lose customers and profits due to entry of a new competitor, a

• A)predatory-pricing externality occurs.
• B)consumption externality occurs.
• C)business-stealing externality occurs.
• D)product-variety externality occurs.

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Definitions:

Autism Spectrum Disorder

A condition in development that manifests through challenges in social engagement and communication, accompanied by limited and repetitive actions.

Special Needs

A term that encompasses a wide range of physical, mental, or emotional challenges requiring special accommodations or services in educational or daily living contexts.

Self-contained Classrooms

Classrooms where students with special education needs are taught exclusively by a special education teacher, separate from general education peers.

Response To Intervention (RTI)

An educational strategy intended to help children who demonstrate below-average achievement in early grades, using special intervention.