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In a Highly Competitive Market, How Will a Firm Most

Question 69

Multiple Choice

In a highly competitive market, how will a firm most likely produce positive economic rents?


A) Devising a new marketing plan that will gain market share from competitors
B) Renegotiating financing terms with the firm's funding sources
C) Introducing new technology that creates manufacturing efficiencies
D) Purchasing one of its competitor firms

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