Which of the following is NOT an example of ways in which microeconomic analysis can help Ford Motor Company its in corporate decision making?
A)Forecasting demand for new automobiles
B)Determining how many automobiles to produce in order to maximize profits
C)Predicting how competitors will react to the firm's pricing strategy
D)Forecasting the effect of Ford's hiring patterns on the U.S.unemployment rate
E)Forecasting the effect of an oil price increase on demand for SUVs

Question

Quizplus · Accepted Answer

This is not an example of microeconomic analysis as it pertains to macroeconomic variables like employment rates, rather than specific actions taken by the firm. The other options (A, B, C, and E) all involve microeconomic analysis that directly impacts Ford's decision making.

Which of the Following Is NOT an Example of Ways