Firms evaluate the extent to which labor force is unionized

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Reference no: EM13985913

1. McDonald's and its major competitors compete based:

a. only on the price.

b. only on the basis of product characteristics.

c. on both the price and product characteristics.

d. none of the above because the fast-food industry is perfectly competitive.

2. In terms of location decisions, firms evaluate the extent to which the labor force is unionized.

True

False

Reference no: EM13985913

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