Homework Answers
-Answer-
Two major assumptions-
-firm heterogeneity
-resource immobolity .
A firm within the industry is heterogeneous in holding the bundle of resources required to produce output. This gives him the power to excel in competition. To continue this heterogeneity, factors should be immobile to restrict imitation.
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QUESTION 38 Assumptions that underlie the Resource-based View include a. Resource heterogeneity b. Resource immobil...
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Assumptions that underlie the Resource-based View include a. Resource heterogeneity b. Resource immobility c. Barri...
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Which one of the following is a MISCONCEPTION of the Resource-Based View (RBV)? Firm performance is...
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The Resource-Based View in Sports This activity is important because as a manager, you should understand...
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QUESTION 38 Assumptions that underlie the Resource-based View include a. Resource heterogeneity b. Resource immobility c. Barriers to entry d. Both a and b QUESTION 39 Diminishing marginal productivity implies a. decreasing average costs b. increasing marginal costs c. decreasing total costs d. decreasing marginal costs QUESTION 40 A monopoly has a. A perfectly elastic demand curve b. A less elastic demand curve than a competitive firm c. An inelastic demand curve d. A perfectly elastic supply curve Clic! San
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