According to the Theory of Economic Darwinism,in the Absence of Barriers

question 22

Multiple Choice

According to the theory of economic Darwinism,in the absence of barriers to entry,firms that survive in the long run are those that:

• A)follow the most ethical practices.
• B)provide productivity-based incentives to the employees.
• C)deliver products consumers want at the lowest cost.
• D)do not compete with other firms in the industry on quality.

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Definitions:

Addition Polymer

Polymers formed by the sequential addition of monomer units with double or triple bonds, resulting in a long chain molecule without the loss of any small molecule byproducts.

Orlon

A synthetic fiber known for its strength and resistance to weathering, often used in clothing and home furnishings.

Kevlar

A strong synthetic fiber known for its high tensile strength and thermal stability, used in body armor and various applications.

Poly(isobutylene)

Poly(isobutylene) is a polymer made from the monomer isobutylene, used in the manufacture of inner tubes, adhesives, and sealants.