Which of the Following Is LEAST Likely to Be Considered

question 37

Multiple Choice

Which of the following is LEAST likely to be considered a competitive advantage for a firm?

• A) rare capabilities
• B) valuable resources
• C) substitutable products
• D) transferable technology

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Definitions:

Supply of Wheat

Refers to the total quantity of wheat that producers are willing and able to sell at different price levels in a given period.

Technology Used

The application of scientific knowledge, tools, and equipment to improve products, processes, and services.

Number of Firms

Refers to the total quantity of individual businesses operating within a particular industry or market.

Price of Inputs

The cost of the resources used in the production of goods and services.