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In General, as Long as the Number of Firms That

question 14

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In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered ________ and a potential source of competitive advantage.


Definitions:

Urinalysis

A test of urine to detect and manage a wide range of disorders such as urinary tract infections, kidney disease, and diabetes.

Countercurrent Exchanger

A mechanism by which heat or some chemical constituents are exchanged between flowing fluids moving in opposite directions to maximize transfer efficiency.

Vasa Recta

A series of straight capillaries in the kidney that function in the concentration of urine.

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