Which of the Following Is Not a Factor to Consider

question 74

Multiple Choice

Which of the following is not a factor to consider in identifying an industry's dominant economic features?

• A)Market size,growth rate,and prospects
• B)Scope of competitive rivalry including geographic area
• C)Market demand-supply conditions
• D)Strength of both driving forces and competitive forces
• E)Role and pace of technological change

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Definitions:

Mixed Cost

A cost consisting both of variable and fixed components, which changes in total in response to changes in activity level but not necessarily in direct proportion.

Least-squares Regression

A method in statistics for finding the optimal line of fit by minimizing the sum of the squared deviations between real and estimated values.

Maintenance Cost

The expenses incurred to keep machinery, equipment, or buildings in operating condition and repair.

Machine-hours

An indicator of the duration for which equipment is utilized in the manufacturing process, commonly employed for distributing manufacturing overhead costs.