Which of the Following Is NOT a Factor to Consider

question 52

Multiple Choice

Which of the following is NOT a factor to consider when identifying economic conditions in the macro-environment?

• A) The movement and influence of exchange rates,the inflation rate and per capita domestic product on the industry
• B) The implications of trade deficits or surpluses on the macro-environment
• C) The strategically relevant general economic climate outside the firm's industry boundaries
• D) The combined strength of the competitive factors influencing the firm and their implications for strategic momentum and the moves and countermoves of rivals impacted by the economy at large
• E) Conditions in the markets for stocks and bonds,which can affect consumer confidence and discretionary income

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Definitions:

Price Ceiling

A legal maximum price that can be charged for a product or service, typically set to protect consumers.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service versus what they actually receive, usually measured above the supply curve up to the price level.

Price Ceiling

A legally established maximum price for a good or service, beyond which it cannot be sold.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing their gained utility.