A characteristic of outsourcing is

a. essentially the opposite of vertical integration
b. likely to be profitable exactly when vertical integration is profitable
c. it prevents a firm from focusing on its core competencies
d. it prevents the exploitation of differing degrees of economies of scale at different points in the supply chain

a

Economics

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Refer to Figure 2-6. If the economy is currently producing at point C, what is the opportunity cost of moving to point B?

A) 13 thousand hammers B) 30 thousand wrenches C) 23 thousand hammers D) 10 thousand wrenches

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What is tacit collusion?

What will be an ideal response?

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