Economic reasoning is based on the premise that: a. all ...

[Lobcity]

Economic reasoning is based on the premise that:
 a. all decisions or actions are costless.
  b. only non-economic decisions or actions have a cost associated with them.
  c. only economic decisions or actions have a cost associated with them.
  d. all decisions and actions have a cost associated with them.

Question 2

Which of the following makes a firm's resources hard to imitate?
 a. Do not use resources that flow from the firm's unique history
 b. Keep the link between resources and advantage simple
 c. Resources emanate from a socially complex organizational structure
  d. All of the above

[ngr69]

Answer to Question 1

d

Answer to Question 2

c