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Compare and contrast cost structures in high-tech vs. low-tech industries. Tell about companies in high-tech industry where cost structure is a major...

Compare and contrast cost structures in high-tech vs. low-tech industries. Tell about companies in high-tech industry where cost structure is a major factor in the company's development and success. What should high-tech managers know about the law of diminishing returns in order to be competitive?

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In comparison, both high-tech and low-technology industries incurs high fixed costs for product... View the full answer

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