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A Modem Factory in the U

question 73

Multiple Choice

A modem factory in the U.S has 1,200 workers who speak 20 different languages. This factory illustrates _____.


Definitions:

Costly Activities

Activities that incur high expenses or require significant resources, often reducing profitability.

New Product

A good, service, or idea that is different from existing options and recently introduced to the market.

Tying

A business practice where a seller requires buyers to purchase a secondary product as a condition of buying a primary product.

Price Regulation

Government-imposed controls on the maximum or minimum allowable prices for certain goods or services, often to protect consumers.

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