Which of the Following Is the Weakest an Example of a "Shock

question 25

Multiple Choice

Which of the following is the weakest an example of a "shock"?

• A)Contracting to use another firm's proprietary process
• B)Product Innovations
• C)Discoveries of new sources of consumer value or market segments
• D)Shifts in demand
• E)Changes in public policy that enables firms to significantly shift their strategic position in a business

---

Definitions:

Production Quota

A limit set on the amount of a specific product that can be produced, often implemented by governments or organizations to control supply and stabilize prices.

Support Price

A price set by the government or a regulatory body at a certain level to maintain the income of producers and encourage production.

Excess Supplies

A situation where the quantity of a product offered is greater than the quantity demanded at the current price.

Producer Surplus

The difference between the amount producers are willing to supply goods for and the actual amount received from selling those goods.