Firms that develop new technologies ahead of others often try a number of unsuccessful techniques before finding a solution that works well. This experimentation: lowers the firm's ability to recognize the value of new information. lowers the firm's ability to develop and enhance technologies. makes it difficult for the firm to develop related technologies. enables the firm to find related solutions and alternatives that work well.

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Increases in output and increases in the inflation rate have been linked to