« previous next »

Author Question: Firms have a competitive advantage when a. They can deliver the same product benefits as their ... (Read 75 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jul 1, 2018
Firms have a competitive advantage when
 a. They can deliver the same product benefits as their competitors but at a lower cost
  b. They can deliver superior product at a similar cost
 c. Both of the above
 d. None of the above

Question 2

Insurance companies create wealth by
 a. reducing the amount of risk that risk averse individuals must bear
  b. reducing the amount of risk that risk loving individuals must bear
  c. increasing the amount of risk that risk averse individuals must bear
  d. moving an asset from low to high value use


micaelaswann

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

The calcaneus spur found on the male's hind limb is used to deliver venom. The calcaneus spur found on the male's hind limb is used to deliver venom.
Heath Benefits of tomato Heath Benefits of tomato
Importance of Considering Gestalt Principles in Product Design (2 of 2) Importance of Considering Gestalt Principles in Product Design (2 of 2)
Find the two integers that have a sum of 20 and a maximum product Find the two integers that have a sum of 20 and a maximum product
Competitive firms and maximization Competitive firms and maximization
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library