The Inefficiency Induced by All Positional Arms Races Is That

question 64

Multiple Choice

The inefficiency induced by all positional arms races is that:

• A)nobody benefits from superior performance.
• B)the increase in performance diminishes on the margin.
• C)the increase in performance is negative.
• D)spending on performance enhancement continues to escalate beyond the point at which the additional benefit equals the additional cost.

---

Definitions:

Financial Success

Achieving a desirable financial state typically characterized by profitability, stability, and the ability to sustain and grow wealth.

Common Goal

A shared objective or target that a group of individuals or an organization aims to achieve together.

Small Businesses

Enterprises with limited resources and workforce, often characterized by local operation and lower volume of sales.

Dominate Industry

To hold a commanding or leading position in a particular market or sector.