7. Which of the following is a benefit to a business of reducing its production times? A. It will hold less stock 5 B. It sales will increase 5 C. Its staff will be more motivated 5 D. It could create a competitive advantage.

7. Which of the following is a benefit to a business of reducing its production times? A. It will hold less stock 5 B. It sales will increase 5 C. Its staff will be more motivated 5 D. It could create a competitive advantage.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Firms In Competitive Markets

Section: Chapter Questions

Problem 7PA

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Question

7. Which of the following is a benefit to a business of reducing its
production times?
A. It will hold less stock 5
B. It sales will increase 5
C. Its staff will be more motivated 5
D. It could create a competitive advantage.
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