Under the resource-based view of a business firm, a firm's resources can be a source of sustained competitive advantage if they are valuable, rare, and perfectly imitable by competitors

Value applies to the lowest priced good or service in the category.

a. true b. false

An ordinary annuity may be defined as:

A) A series of equal payments made at regular intervals that are paid at the beginning of each period. B) A series of payments, which may or may not be equal in value, that are received at regular intervals at the end of each period. C) A series of equal payments made any time over the course of a year, extending for a period of several years. D) Any series of payments that occur in the future. E) A series of equal payments made at regular intervals that are received at the end of each period.