The Value Chain of a Manufacturer Would Tend to Exclude

question 48

Multiple Choice

The value chain of a manufacturer would tend to exclude activities related to:

• A)manufacturing.
• B)research and development.
• C)product design.
• D)marketing.
• E)travel arrangements for acting talent.

---

Definitions:

Price Ceilings

Price controls that outlaw trade at prices above the ceiling.

Intended

Something that is planned or meant to happen in a specific way.

Price Floors

Price controls that outlaw trade at prices below the floor.

Intended

Designed or planned to serve a particular purpose.