Author Question: Based on the above scenario, which of the following statements is true? A) Foodland has an ... (Read 52 times)

2125004343 · **on:** Jul 7, 2018

Based on the above scenario, which of the following statements is true?

A) Foodland has an absolute advantage in producing food.
B) Foodland has an absolute advantage in producing drinks.
C) Drinkland has an absolute advantage in producing both food and drinks.
D) Drinkland has an absolute advantage in producing food.

Question 2

Key challenges faced by the franchisee is the decreased likelihood of operating an independent business.

Indicate whether the statement is true or false