Final answer:
BPOM markets are considered commercially viable due to significant shifts in technology and globalization which lead to increased competition and consumer access to a diverse range of products at competitive prices.
Step-by-step explanation:
BPOM markets are now viewed as commercially viable primarily due to two major shifts in the economy: technology and globalization. The rise of the internet and advancements in communication technologies allow consumers to access products from all around the world, thereby increasing the competition faced by local retailers. Additionally, business-to-business platforms enable global interactions between buyers and suppliers. These changes have not only expanded market boundaries but also increased consumer access to a wide array of products, frequently at lower prices due to heightened competition and improved productivity.
Monopolistically competitive industries contribute to this viability by providing a vast variety of goods and creating incentives for businesses to innovate and improve their offerings. Although there is some debate regarding the potential excess of variety from a market-oriented economy, it's generally accepted that consumers benefit from the competition through better selection and prices. Moreover, from an economic perspective, competitive markets help drive efficiency, leading to beneficial outcomes for both buyers and suppliers even in scenarios of economic scarcity or external factors like climate change.