Which of the following was NOT used by firms in the soft drink,automobile,and newspaper industries shown in The Business Firm video as a way to reduce costs in a competitive environment?
A) substituting inputs
B) producing their products in a foreign country
C) adopting new technology
D) achieving economies of scale
E) colluding with one another

Question

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The Answer of Which of the following was NOT used by firms in the soft drink,automobile,and newspaper industries shown in The Business Firm video as a way to reduce costs in a competitive environment?
A) substituting inputs
B) producing their products in a foreign country
C) adopting new technology
D) achieving economies of scale
E) colluding with one another

Which of the Following Was NOT Used by Firms in the Soft