Author Question: According to the text, many firms who adopt TQM find that A) the firm increases sales and profits. ... (Read 82 times)

tth · **on:** Jun 30, 2018

According to the text, many firms who adopt TQM find that
A) the firm increases sales and profits.
B) quality is costly.
C) quality is free.
D) quality increases market share.
E) customers do not care about quality.

Question 2

The joint profit maximization solution for a cartel is a attempt to achieve the same result as would a monopolist who owned all the firms in the cartel.
a. True
b. False
Indicate whether the statement is true or false