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Lack of Scale and a Shortage of Capital Are Just

question 18

True/False

Lack of scale and a shortage of capital are just two of the problems associated with reaching the world's poor.Prices can also be a problem.There is an ample evidence that world's best known global marketers recognize this.For example, Adidas has developed a sneaker priced at one euro that it hopes to sell in Bangladesh.

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Definitions:

Capital

The wealth, whether in money or assets, used in the production of more wealth.

Isocost Line

A graph line that shows all possible combinations of inputs that can be purchased with a given total cost.

Slope

A measure of the steepness, incline, or grade of a straight line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Capital

Resources, such as funds, equipment, and buildings, that are used in the production of goods and services.

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