Question

QUESTION 24 Strategy is O a. The art of matching the resources and capabilities of a firm to the opportunities and risks in its environment Ob Developing a resource for the company that is both rare and valuable to create competitive advantage O . Making sure that the resource developed is non-fungible to create a sustainable advantage Od. All of the above QUESTION 25 An economist estimated the cross-price elasticity for peanut butter and bananas to be -1.5. Based on this information, we know the goods are O a inelastic b. inferior goods c. substitutes d. complements QUESTION 26 Gas stations can price the products that they sell in their convenience store a little bit higher than other stores because On these products are usually complements to the gas sales and the demand for gas is elastie b. these products are usually substitutes to the gas sales and the demand for gas is elastic these products are usually complements to the pas sales and the demand for gas is inelastic dthese products are usually substitutes to the gas sales and the demand for gas is inelastic Chek Sow and Submit to be mit.Cek Sall o w all a

Answer 1

Ans24) the correct option is d) all of the above

Ans25) the correct option Is d) complements

Ans26) the correct option is c) these products are usually complements to the gas sales and the demand for gas is inelastic.