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Some companies have adopted a(n) ________ strategy,offering just the right combination of quality and good service at a fair price.
Manufacturers
Manufacturers are entities engaged in the industrial production of goods from raw materials through the use of machinery and labor.
Market
A place or mechanism where buyers and sellers converge to trade goods, services, or resources.
Production Possibility Frontier
A curve representing the maximum combinations of goods or services that can be produced with limited resources.
Bowed Out
A description usually of production possibilities frontier that shows increasing opportunity costs.
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