The RBV perspective predicts

a. firm's profitability differs only if they are in different industries
b. firms within an industry are equally profitable
c. firm's profitability within industries varies widely
d. Only A&B


c

Economics

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What will be an ideal response?

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The growth and development of the U.S. economy during its period of rapid industrialization was largely influenced by centralized economic planning

Indicate whether the statement is true or false

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Competitive firms hire workers until the additional benefit they receive from the last worker hired is equal to (i) the additional cost of that worker. (ii) the wage paid to that worker. (iii) the marginal product of that worker

a. (i) only b. (iii) only c. (i) and (ii) only d. (ii) and (iii) only

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