Economies of scale occur because expenses are distributed across a greater number of items.
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Q10: Customers, in many cases, may simply prefer
Q11: A relative lack of market research can
Q12: A differentiation strategy helps break barriers to
Q13: Most cost leaders spend little on advertising,
Q14: A firm following a differentiation strategy attempts
Q16: Markets that involve a lot of brand
Q17: A differentiation strategy also creates benefits relative
Q18: A firm may not match every characteristic
Q19: Cost leaders' emphasis on efficiency makes them
Q20: One of the ways that cost leaders
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