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Futura-Core Technologies, an Electronics Manufacturing Firm, Has Advantages in Financial

question 58

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Futura-Core Technologies, an electronics manufacturing firm, has advantages in financial capability and sustainability, but a disadvantage in speed of innovation.It is also at a disadvantage relative to Core-Dynamix Technologies, another electronics manufacturing firm, in important factors such as manufacturing capability and adaptability to market conditions.Which of the following terms best describes Futura-Core's abilities in comparison to Core-Dynamix?


Definitions:

Demand Elastic

Describes how sensitive the quantity demanded of a product is to a change in its price.

Total Revenue

The overall amount of money generated by a firm from its sales activities before any costs or expenses are deducted.

Unit Price

The cost per unit of quantity of a product, which allows for easy comparison of cost efficiency between different products or services.

Demand Elastic

Refers to how sensitive the quantity demanded of a good is to a change in its price.

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