How can one "beat the market"?
What will be an ideal response?
Most economists feel the only way one can beat the market is to have inside information, which is information about what is happening in a corporation that is not available to the general public.
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Physical capital differences across countries can be seen in the fact that
A) more advanced economies typically have more sophisticated technology. B) the iPhone's components are produced in 30 countries. C) furniture factories in China use machines like those in North Carolina. D) students in India study the same subjects as those in the United States. E) advanced economies produce 53 percent of the world's income.
To stay one step ahead of the forces of competition, a firm can adopt one of these strategies except
a. Cost reduction b. Product differentiation c. Advertising d. Reduction in the intensity of competition