Unfair competitive advantages occur when:
A) one competitor has an advantage others cannot purchase.
B) market middlemen are displaced.
C) information is equally distributed and transaction costs are low.
D) firms are able to gather monopoly profits.
A
Business
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Which of the following is the first stage of the new product development process?
A. Test marketing B. Commercialization C. Feasibility study D. Idea generation
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If a real estate broker dies and his daughter (who is a broker) takes over the business:
a. she would have to re-list all the properties in her own name. b. she could continue on with the properties listed in her fathers name. c. she could not sell any of her deceased fathers properties, without his express authorization in his will. d. All of the above.
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