Multiple Choice
An upscale jeweler ordered several thousand ounces of gold a few years ago when gold was priced at $650 an ounce.As of 2011 gold was averaging about $1,700 an ounce.This jeweler will be able to protect his competitive advantage,at least temporarily,due to which condition?
A) Better expectations of future resource value
B) Path dependence
C) Causal ambiguity
D) Social complexity
Correct Answer:
Verified
Correct Answer:
Verified
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