Choose one correct option: Reply urgent asap. Why is diversification of businesses good for economy ? It increases the product flow in the market and secures more alternatives for the consumers It increases and strengthens the company’s economic platform It is likely to create more jobs All alternatives are correct

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter10: Price-searcher Markets With Low Entry Barriers
Section: Chapter Questions
Problem 10CQ
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Reply urgent asap.

Why is diversification of businesses good for economy ?

  1. It increases the product flow in the market and secures more alternatives for the consumers
  2. It increases and strengthens the company’s economic platform
  3. It is likely to create more jobs
  4. All alternatives are correct
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