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Means producing a product or service of acceptable quality at consistently lower production costs than competitors so that the firm can offer the product or service at the lowest price in the industry.
asked
Feb 3, 2017
Business
high-school
1
answer
1
vote
21.9k
views
How do you solve 4 / x + 4 > 5 / 3 - x
asked
Nov 28, 2016
Mathematics
high-school
1
answer
3
votes
107k
views
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