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Author Question: A firm's resource at a given point in time can be defined as: a. those investments made by it in ... (Read 54 times)

2125004343

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on: Jun 30, 2018
A firm's resource at a given point in time can be defined as:
 a. those investments made by it in profitable organizations.
  b. those tangible and intangible assets attached to it semipermanently.
  c. its ability to control the market price.
  d. its lobbying ability built over years of experience.

Question 2

In a monopolistically competitive scenario, as more firms enter into the industry, the long run demand curve for most firms will tend to become:
 a. more inelastic.
  b. vertical.
 c. horizontal.
 d. more elastic.


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mtmmmmmk

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

d


2125004343

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

JCABRERA33

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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