Which of the Following Options Was Not Identified in the Textbook

question 36

Multiple Choice

Which of the following options was not identified in the textbook as an appropriate reason for growth?

• A) need to accommodate the growth of key customers
• B) influence, power, and survivability
• C) economies of scale
• D) economies of scope
• E) maintain the appearance that the firm is successful

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Definitions:

Trade Surpluses

A situation where a country exports more than it imports, resulting in a positive balance of trade.

Gross Saving Rate

The proportion of total national income that is not spent on consumption or taxes, indicating the amount saved.

Gross National Income

An economic metric that totals the domestic and foreign output of residents of a country, including product taxes and minus subsidies not included in the valuation of output.

APC

Average Propensity to Consume, which measures the fraction of income spent on consumption out of the total income.