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Of the factors that are within the control of the firm's owners, the most important factors that ...

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Of the factors that are within the control of the firm's owners, the most important factors that ...

Of the factors that are within the control of the firm's owners, the most important factors that make a firm successful are

• the establishment of trademarks for its products and the aggressive defense of those trademarks.

• lobbying government to erect or enforce entry barriers in its markets and the marketing of its products as widely as possible.

• the differentiation of its products and the production of products at a lower average cost than competing firms.

• the selection of the prices of its products and the selection of the most productive and loyal employees.

Textbook

Microeconomics

Edition: 7^th

Authors: Hubbard, O'Brien

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Kutthroat K.

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More solutions for this book are available here

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coolcat Author

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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Just got PERFECT on my quiz

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