Question

Mrs. Lovejoy decides to invest in companies which she believes can produce their goods at the lowest possible cost. Mrs. Lovejoy is investing in companies that are________

Answer 1

Mrs. Lovejoy is investing in companies that can produce their goods at the lowest possible cost.

Step-by-step explanation:

Mrs. Lovejoy is investing in companies that can produce their goods at the lowest possible cost. By investing in such companies, she expects them to have a competitive advantage by offering products at lower prices compared to their competitors. This can attract more customers and increase the company's market share.