Which of following is NOT an element in the economic environment?
A)public policies
B)purchasing power
C)discretionary income
D)general economic conditions
E)disposable income

Question

Quizplus · Accepted Answer

Public policies are more accurately categorized under the political or legal environment of business rather than the economic environment. The economic environment typically includes factors like purchasing power, discretionary income, disposable income, and general economic conditions, which directly affect consumer behavior and economic activities.

Which of Following Is NOT an Element in the Economic