Which of the Following Is Not an Example of Stakeholders

question 39

Multiple Choice

Which of the following is not an example of stakeholders' economic power?

• A) A toy manufacturer halts supplies to a customer that demanded very low prices.
• B) A social group protests a government's decision to raise taxes.
• C) A local community boycotts a grocery store suspected of inaccurate weight scales.
• D) An equal rights group refuses to do business with a business that has a discriminatory hiring policy.

Recognize the structure and requirements of a Request for Proposal (RFP).

Understand and apply unit conversions within the Imperial system.

Understand and apply unit conversions within the Metric system.

Perform unit conversions between the Metric and Imperial systems.

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Definitions:

External Cost

Costs that are not borne by the parties involved in an economic transaction but by other members of society.

Efficient Price

A price that reflects all available information and makes the best use of resources, minimizing waste and maximizing value.

Market Output

The total quantity of goods and services produced and supplied by firms in a market at a given price level and time period.

External Benefit

A positive effect experienced by individuals or groups who are not directly involved in an economic transaction or activity.