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    Strategic Management Study Set 2
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    Exam 1: What Is Strategy
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    Differences Between Traditional Economics and Strategy Do NOT Include an Assumption
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Differences Between Traditional Economics and Strategy Do NOT Include an Assumption

Question 3

Question 3

Multiple Choice

Differences between traditional economics and strategy do NOT include an assumption that:


A) market equilibrium will be reached through the pricing mechanism
B) all companies have unique information
C) transaction costs are zero
D) there are many competitors in most markets

Correct Answer:

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