Holding all else constant a country's standard of living will decline if it's: a. the rate of population growth is less than the rate of growth of real gdp. b. nominal gdp grows at a faster rate than real gdp. c. nominal gdp grows at a slower rate than real gdp. d. the rate of population growth exceeds the rate of growth of real gdp.

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position