Reverse logistics are becoming even more important as more firms seriously consider sustainability as a competitive advantage

Indicate whether the statement is true or false

TRUE

Business

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First-mover advantages are the advantages that accrue to early entrants into a market

a. true b. false

Business

Total fixed cost:

A. is the sum of all expenses which are closely related to output. B. is the sum of those costs which do not change in total no matter how much is produced. C. may vary in the short run--but is more or less fixed in the long run. D. is the sum of all costs of manufacturing and distributing a product. E. would be zero if the quantity produced were zero.

Business