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4 years ago

In order to be the basis for a firm's superior performance, a bundle of resources must be valuable, rare, and imitable.

Business

1 answer:

frozen [14]4 years ago

7 0

Answer:

The statement is: False.

Explanation:

A bundle of resources has three characteristics: valuable (the resource helps the company to pursue its objectives and is priceless for consumers), rare (limited competition), and inimitable (resource is not easy to reproduce by the firm's closest competitors or imitating it is expensive).

Being imitable is the opposite of what a bundle of resources should be.

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This graph shows the marginal cost of producing each

Margarita [4]

Answer:

D) Bike 4

Explanation:

Marginal cost is the additional expense associated with the production of an extra unit. Calculating marginal costs will involve isolating the expense of the last unit from the previous productions.

The graph has already isolated the cost of the extra unit from the previous output.

From the graph, Bike 4 has a marginal cost of 4.

6 0

3 years ago

Read 2 more answers

Which of the following is most necessary for specialization among producers to take place? A. Free trade B. Competition C. Scarc

Lelu [443]

I think the answer is C, Scarcity.

But it depends, are you talking about plants or the consumer market? Because there also is specialization that occurs in flora species as well.

But I hope this helps!

6 0

4 years ago

Read 2 more answers

true or false: Quality function deployment (QFD) allows people to see how aspects of their products and services relate to custo

Marta_Voda [28]

Answer:

False

Explanation:

QFD is the process by which the opinions or wants of customers are used to create products that meets the needs f consumers

8 0

3 years ago

Consider two spices, cumin and paprika, to be substitutes, a decrease in the supply of paprika, should cause an increase in the

makvit [3.9K]

Answer:

an increase in the price of both

Explanation:

A decrease in the supply of paprika would cause an increase in the price of both substitute goods. When the supply of paprika falls, the demand will be greater than what is available for sale and this would cause the sellers to raise it's price afterall it is now scarce.

Also as a substitute good, more people would begin to switch to buying cummin which would raise the demand for cummin. This increase in demand for cummin would then cause the price of cummin to go up.

3 0

3 years ago

As of December 31, 2015, Juneau Company had total cash of $155,000, notes payable of $85,600, and common stock of $52,400. Durin

Illusion [34]

Answer:

ending RE 30,000

Explanation:

Using the acounting equation we solve for the beginning RE

Assets = liab + equity

155,000 = 85,600 + 52,400 + Retained Earnings

155,000 - 85,600 - 52,400 = 17,000

beginning RE 17,000

net income

revenues 36,000 - 20,000 expenses = 16,000

dividends: 3,000

ending RE: 17,000 + 16,000 - 3,000 = 30,000

6 0

3 years ago