Which of the Following Is the Least Likely Factor Contributing

question 8

Multiple Choice

Which of the following is the least likely factor contributing to early British dominance in the watchmaking industry?

• A)Watchmakers employed laborers in the British countryside at a considerably lower wage than laborers in London would demand
• B)British watches were priced lower than other makers
• C)Watchmakers benefitted from a division of labor
• D)Large local demand made specialization of labor possible
• E)Crucible steel was manufactured by a British monopoly

---

Definitions:

Total Proceeds

The entire sum of money received from a transaction or series of transactions, often before any deductions or expenses are taken into account.

Sustaining Stock Price

Efforts or strategies employed by a corporation to maintain or support the current market price of its shares.

Excess Cash

The amount of cash available exceeding what is necessary for day-to-day operations, often allocated for investment or returned to shareholders.

Business Relationships

The connections and interactions between a company and its customers, suppliers, partners, and other entities essential for its operation.