Which of the Following Is an Example of a Keystone

question 50

Multiple Choice

Which of the following is an example of a keystone firm within a business ecosystem?

• A)Apple and the mobile platform ecosystem
• B)GUESS and the fashion ecosystem
• C)Citibank and the ATM ecosystem
• D)American Airlines and the computerized reservation ecosystem
• E)Nike and the athletic apparel ecosystem

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Definitions:

Price Floor

A minimum legal price set above the equilibrium price, leading to surpluses as supply exceeds demand.

Price Ceiling

A legal maximum on the price at which a good can be sold, often set by government.

Subsidies

Financial assistance granted by a government or institution to support businesses, industries, or individuals, often to encourage production or consumption.

Agricultural Surpluses

The excess production of agricultural products beyond what is needed to meet the demand, often resulting in lowered prices and wasted resources.