Elan Free Mock exam question question, industry, somebody, products

clearlycanadian

I dont remember having seen this in the books, can somebody remind me where I can find thie answer for this question in the book ??

The positioning of competing products in the industry as lower-priced alternatives is most likely an example of:
Answer choices:
a)Information constraints on a firm’s profits.
b)Technology constraints on a firm’s profits.
c)Market constraints on a firm’s profits.

Thank You


by the way answer is C

RobertA

Economics book - reading on organizing production

The three constraints



Edited 1 time(s). Last edit at Monday, November 22, 2010 at 11:09PM by Omar Adnan.

rgonzalez

Yes you are right.

Thank you