________ endowments are the result of investments of people, companies and government, and are more likely to lead to competitive advantage. Select one: a. Advanced factor b. Demand condition c. Basic factor d. Supply condition
________ endowments are the result of investments of people, companies and government, and are more likely to lead to competitive advantage. Select one: a. Advanced factor b. Demand condition c. Basic factor d. Supply condition
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter9: Price Takers And The Competitive Process
Section: Chapter Questions
Problem 12CQ
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Question
________ endowments are the result of investments of people, companies and government, and are more likely to lead to competitive advantage.
Select one:
a. Advanced factor
b. Demand condition
c. Basic factor
d. Supply condition
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