_____ is the primary determinant of a person's earning potential.
Fill in the blank(s) with the appropriate word(s).
Ans: Education
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Which of the following refers to a situation where downward price moves by one competitor force "follower moves" by other competitors in order to minimize lost profits?
A) a technology trap B) competitive benchmarking C) the prisoner's dilemma D) a monopoly market E) a free market situation
Which of the following statements is true of the market share theory?
A) It is used when various manufacturers have produced different parts of the product. B) It is used when the allegedly harmful products differ based on the manufacturer who has produced them. C) It apportions liability among the defendants on the basis of the market share they held at the time the product was produced. D) It apportions liability among the defendants on the basis of the market share they hold when the lawsuit is filed in court.