Which of the Following Would NOT Be Identified in an Analysis

question 18

Multiple Choice

Which of the following would NOT be identified in an analysis of the economic portion of the general environment?

• A) The willingness of Chrysler's buyers to purchase large vehicles due to an increase in oil prices.
• B) The ability of Ford to issue new debt due to their recent financial performance.
• C) The ability of BMW's buyers to finance car purchases due to a change in interest rates.
• D) The willingness of GM buyers to purchase new vehicles due to the threat of recession.

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Definitions:

Tangency

The point at which two curves meet without intersecting, often used in economics to denote the point of optimal allocation of resources.

Output

The total amount of goods or services produced by a firm or economy over a specific period.

Isoquant

A curve in economic theory that represents all the combinations of inputs which produce the same level of output.

Isoquant

A curve that represents all the combinations of inputs that result in the production of a certain level of output.