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Author Question: One of the limitation of Five Forces is that a. These tools reduce producer surplus b. For one ... (Read 20 times)

Medesa

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on: Jul 1, 2018
One of the limitation of Five Forces is that
 a. These tools reduce producer surplus
  b. For one firm to increase profit, it takes it from other participants in the industry
  c. Does not provide a firm with sustainable competitive advantage
  d. Both b and c

Question 2

The isoquants for inputs that are perfect complements for one another consist of a series of:
 a. right angles
  b. parallel lines
  c. concentric circles
  d. right triangles
  e. none of the above


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samiel-sayed

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


Medesa

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Reply #2 on: Jul 1, 2018
Correct answers!


samiel-sayed

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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