If firms focus on quality
A) sales always go up.
B) market share grows.
C) they realize that it is not free.
D) they are developing a common core competency.
E) competitors follow suit making it less profitable.
C
Economics
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Outsourcing allows a company to take advantage of the ________ of other countries, and in doing so it can produce its products at a lower cost
A) trade imbalances B) comparative advantages C) market failures D) diminishing returns
Economics
Using indifference curve analysis, you can identify the point at which a consumer maximizes utility where the slope of the:
A. indifference curve is equal to the slope of the budget constraint. B. indifference curve is greater than the slope of the budget constraint. C. indifference curve is -1. D. budget line is -1.
Economics