Intermediaries perform facilitating function activities, which assist producers in making products and services more attractive to buyers. These activities include Group of answer choices producing, assembling, and distributing. transportation and distribution. buying, selling, and risk-taking. assorting, sorting, and storing. financing, grading, and marketing information and research.

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

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms. a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

According to this excerpt, a key part of our national security strategy is