Multiple Choice
Which of the following is an example of a factor that a firm's owners and managers can control in making the firm successful?
A) The ability to produce the product at a lower cost
B) Changing consumer tastes
C) A rise in the price of a key input, for example, a rise in the price of oil leads to higher energy costs
D) The number of competitors in the market
Correct Answer:
Verified
Correct Answer:
Verified
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