Cost-reduction generate
A)Increases in long-run profitability
B)Increases in long-run profitability only if the cost reduction is difficult to imitate
C)Increases in product differentiation
D)Reduction in competitive intensity

Question

Quizplus · Accepted Answer

Cost-reduction can lead to long-run profitability if it is difficult for competitors to imitate, as this can provide a sustainable competitive advantage.

Cost-Reduction Generate