The limitations faced by firms in terms of resources and product demand are called:
A) exceptions.
B) advantages.
C) constraints.
D) cost enhancers.
E) contribution factors.

Question

Quizplus · Accepted Answer

Constraints refer to limitations or restrictions that firms face, such as limited resources or low levels of product demand. Exceptions, advantages, cost enhancers, and contribution factors are not terms that describe these types of limitations.

The Limitations Faced by Firms in Terms of Resources and Product