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Other Fields Homework Help Economics Topic started by: Tidy on Jun 20, 2015



Title: When deciding on which new products to develop, a firm must devote people, time, and money to design
Post by: Tidy on Jun 20, 2015
When deciding on which new products to develop, a firm must devote people, time, and money to designing a new product. Because any firm has only limited resources, it
A) should wait until its competitors develop a similar product before deciding on devoting resources to its own product development.
B) is not able to develop more than one new product at a time.
C) must be certain that the product it chooses to develop will be successful or it will not be able to stay in business.
D) faces a trade-off, because resources used to develop one product will not be available to develop another product.


Title: Re: When deciding on which new products to develop, a firm must devote people, time, and money to de
Post by: Smoooth on Aug 11, 2015
Content hidden


Title: Re: When deciding on which new products to develop, a firm must devote people, time, and money to design
Post by: Smoooth on Aug 31, 2015
Don't mention it :-]