Big Roads and Big Pavers are two competing road construction firms. The managers of these two firms should never undertake all of the following actions except which one?
A) agree to not submit a bid on a government road contract
B) share information and experiences from implementing new government safety standards
C) agree to only operate in a specific area of the country
D) adjust the amount they bid on a government road contract
B) share information and experiences from implementing new government safety standards
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Which of the following would shift the supply curve for a product to the right?
a. an increase in the price of a resource used in the good's production b. the expectation of a higher price in the near future c. an increase in the price of the product d. an increase in the price of an alternative good e. an improvement in the technology for producing the good
Diversification is determined by adding value
Indicate whether the statement is true or false