Why is an increase in the number of varieties of a good regarded as a gain from

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Why is an increase in the number of varieties of a good regarded as a gain from trade? Can you think of economic disadvantages associated with greater product variety? Explain.

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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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Question Posted: Dec 02, 2015 04:23 AM

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Why is an increase in the number of varieties of a good regarded as a gain from

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Greater choice for consumers may bring greater utility ...View the full answer

International Economics

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