Answer:
1. when all competitors are stuck in the middle
2. when cost is strongly affected by share or interrelationships
3. when the company pioneers a major innovation
Explanation:
according to porter generic business - level strategies, differentiation is a means to achieve an overall low cost position.
Answer:
a. less wealthy and they buy less.
Explanation:
we are assuming a situation where the price level rises (inflation rises), so anyone holding cash will be able to purchase a smaller amount of goods with the same amount of cash simply because the goods are more expensive. E.g. you purchased 10 goods with $100, but if the inflation rate increases to 10%, you will be able to purchase only 9 goods with the same $100. As inflation rises, people holding cash (or other monetary form) will lose wealth and purchasing power.
Glace has a glossy surface, and when frozen, appears like hard gelatin. I would have to say it is D. Thick.
Hope that helps!