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Author Question: A perfect market is one in which: A) there are no competitive advantages or asymmetries because ... (Read 85 times)

Sufayan.ah

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on: Jul 7, 2018
A perfect market is one in which:
 
  A) there are no competitive advantages or asymmetries because all firms have equal access to all the factors to production.
  B) one firm develops an advantage based on a factor of production that other firms cannot purchase.
  C) one participant in the market has more resources than the others.
  D) competition is at a minimum, as each niche market within an industry is served by the company with the greatest competitive advantage.

Question 2

A ________ specifically details how you plan to find customers and sell your product.
 
  A) sales analysis
  B) business plan
  C) competitive strategy
  D) market strategy


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Zebsrer

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Reply #1 on: Jul 7, 2018
Answer to Question 1

A

Answer to Question 2

D


Sufayan.ah

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

ghepp

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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