Which of the Following Is Not a Qualitative Factor to Be

question 39

Multiple Choice

Which of the following is not a qualitative factor to be considered in a make-or-buy decision?

• A) Possible lost jobs from buying outside
• B) Supplier's ability to satisfy quality standards
• C) Incremental benefit from buying outside
• D) Supplier's ability to meet production schedule

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Definitions:

Domestic Quantity Supplied

The total amount of a good that producers within a country are willing and able to sell at a given price level.

Domestic Quantity Demanded

The total amount of a good or service that consumers in a specific country are willing and able to purchase at a given price.

World Price

The international market price of a good, influenced by global supply and demand conditions.

Hypothetical Nations

Hypothetical nations are theoretical or imaginary countries used for the purpose of discussion, analysis, or illustration in economic or political scenarios.