« previous next »

Author Question: Firms have a competitive advantage when a. They can deliver the same product benefits as their ... (Read 74 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?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Expected Benefits for ICD-10-CM Expected Benefits for ICD-10-CM
The direct product of phosphate hydrolysis from PEP is the enol form of pyruvate The direct product of phosphate hydrolysis from PEP is the enol form of pyruvate
Older mothers more often deliver multiples—twins, triplets, or quads Older mothers more often deliver multiples—twins, triplets, or quads
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Video: Photosynthesis overview Animation

For a complete list of videos, visit our video library