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Select one of the following businesses:




Select one of the following businesses: Soft Drink or Laundry detergent: Assume the business operates in market where the nature of competition is described as "monopolistic competition". Identify the factors of production (economic resources including natural, human and financial resources) and for each factor of production given an example of what might be needed to operate that business;Explain how that factor could be used to give the business a competitive advantage.


Paper#32721 | Written in 18-Jul-2015

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