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

Author Question: One of the limitation of Five Forces is that a. These tools reduce producer surplus b. For one ... (Read 78 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
One of the limitation of Five Forces is that
 a. These tools reduce producer surplus
  b. For one firm to increase profit, it takes it from other participants in the industry
  c. Does not provide a firm with sustainable competitive advantage
  d. Both b and c

Question 2

The isoquants for inputs that are perfect complements for one another consist of a series of:
 a. right angles
  b. parallel lines
  c. concentric circles
  d. right triangles
  e. none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

b

Answer to Question 2

a





 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

For a complete list of videos, visit our video library