Examlex
Consider the following statements:
A.Soda drinkers purchase more soda from a grocery store that sells soda at a lower price than other rival grocery stores in the area.
B.Homeowners do not take steps to increase security even though they believe it is more costly to allow burglaries than to install security monitoring equipment.
C.Manufacturers produce less of a particular cell phone when its selling price rises.
Which of the above statements demonstrates that economic agents respond to incentives?
Company Success
The achievement of desired business goals and objectives, often measured by financial performance, market share, or innovation.
Strategic Fit
The alignment of organizational strategies, capabilities, and resources with external opportunities and threats to achieve desired outcomes.
Intercompany Scope
The range and nature of interactions and relationships between different companies within the same corporate family or business group.
Supply Chain Surplus
The difference between the value generated by the supply chain's final product to the end customer and the costs of the supply chain.
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