Examlex

Solved

Which One of the Following Is Not Considered to Be

question 36

Multiple Choice

Which one of the following is not considered to be a primary activity of the value chain of a firm?


Definitions:

Wage Increase

An upward adjustment in the amount of wages or salary an employee receives for their labor.

Supply Curve

A visual chart that illustrates how the cost of a product is linked to the amount of the product that producers are prepared to manufacture and sell.

Quantity Supplied

The volume of a good or service that manufacturers are prepared and able to put on the market at a particular price point within a certain timeframe.

Product Price

The amount of money charged for a product or service, determined by factors like cost, demand, and competition.

Related Questions