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Author Question: Firms have a competitive advantage when a. They can deliver the same product benefits as their ... (Read 34 times)

scienceeasy

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  • 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

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

c

Answer to Question 2

a


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