Examlex

Solved

Firms Are Most Likely Using Promotion from Within More Frequently

question 128

Multiple Choice

Firms are most likely using promotion from within more frequently because the policy ________.


Definitions:

Positive Externality

A benefit that is enjoyed by a third-party as a result of an economic transaction or activity in which they did not directly participate.

Marginal Social Benefit

The additional benefit to society from consuming one more unit of a good or service.

Marginal Private Cost

The cost incurred by a firm for producing one additional unit of a good, exclusive of any external costs.

Technology Spillovers

Benefits that firms or countries obtain by imitating or learning from the innovations of others, often without incurring the cost of innovation.

Related Questions