Which of the Following Is Likely to Be a Rare

question 4

Multiple Choice

Which of the following is likely to be a rare source of cost advantage?

• A) Technological software
• B) If the efficient size of a firm or plant is significantly smaller than the total size of an industry
• C) Cost disadvantages based on diseconomies of scale
• D) Technological hardware

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Definitions:

Color Names

The labels or terms used to describe and categorize colors, often based on cultural and linguistic contexts.

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring other things.

Learned

Pertains to knowledge or skills acquired through experience or education.

Arousal

A physiological and psychological state of being awake or reactive to stimuli.