What do you think is the biggest challenge that technology has posed to the sports and entertainment industry?

If john can produce 10 chairs or 20 lamps during a week while mary can produce 12 chairs or 22 lamps in the same time, who has the absolute advantage in producing each good?

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage. answers: valuablerareinimitableun-substituta ble