This topic contains a solution. Click here to go to the answer

Author Question: A perfect market is one in which: A) there are no competitive advantages or asymmetries because ... (Read 90 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
A perfect market is one in which:
 
  A) there are no competitive advantages or asymmetries because all firms have equal access to all the factors to production.
  B) one firm develops an advantage based on a factor of production that other firms cannot purchase.
  C) one participant in the market has more resources than the others.
  D) competition is at a minimum, as each niche market within an industry is served by the company with the greatest competitive advantage.

Question 2

A ________ specifically details how you plan to find customers and sell your product.
 
  A) sales analysis
  B) business plan
  C) competitive strategy
  D) market strategy



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zebsrer

  • Sr. Member
  • ****
  • Posts: 284
Answer to Question 1

A

Answer to Question 2

D




Sufayan.ah

  • Member
  • Posts: 512
Reply 2 on: Jul 7, 2018
Gracias!


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library