Author Question: The resource based perspective indicates that firms exhibit different performances within the same ... (Read 31 times)

ss2343 · **on:** Jul 1, 2018

The resource based perspective indicates that firms exhibit different performances within the same industry because
a. Some firms have better resources than others
b. Some firms have organizational structures that can be duplicated
c. Some firms sell goods that have a more elastic demand
d. Some firms sell goods that have a perfectly elastic demand

Question 2

Adverse selection in insurance requires that
a. all people face the same risk
b. potential customers facing more risk are no more interested in purchasing insurance
c. people are risk averse
d. insurers can tell higher risk people from lower risk people