Examlex
Describe work-related factors that may inhibit the transfer of new capabilities back to the job.How are lapses related to factors that inhibit transfer?
Monopolistically Competitive
A market structure where many sellers offer products or services that are similar but not perfect substitutes, allowing for some degree of market power.
Product-variety Externality
The impact on consumer welfare or market efficiency due to variety in products available, often seen as a positive externality in markets.
Business-stealing Externality
A negative effect where a new entrant in a market draws customers from existing businesses, potentially harming those businesses without creating new value for the market as a whole.
Negative Externality
A cost that affects a party who did not choose to incur that cost, often associated with the production or consumption of a good or service.
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