Which of the Following Is an Example of Competitive Parity

question 65

Multiple Choice

Which of the following is an example of competitive parity?

• A) A firm manufactures higher-quality wall clocks than its competitors.
• B) A firm provides wall clocks that its consumers value more than other wall clocks.
• C) A firm sells wall clocks at a lower price than its competitors.
• D) A firm produces a similar number of wall clocks at a similar cost as its competitors.

---

Definitions:

Conscious Mind

The part of the mind that is aware of immediate surroundings and experiences.

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, known for his theories on the unconscious mind, development of sexuality, and dream analysis.

Narcotics

Are substances that can lead to dependence and have pain relieving and sleep-inducing properties, often used in medical contexts but can be misused.

Controlling Pain

The process of managing or reducing the discomfort caused by acute or chronic pain through various techniques and treatments.