Which of the following is not an external factor influencing the purchase price?
A) Economic.
B) Socio-political.
C) Technological.
D) Technical.

Question

Which of the following is not an external factor influencing the purchase price? 
A) Economic. 
B) Socio-political. 
C) Technological. 
D) Technical.

Quizplus · Accepted Answer

Technical factors are typically internal factors that may affect the cost of production, but not necessarily the purchase price for the consumer. Economic, socio-political, and technological factors are all external factors that can influence the purchase price.

Which of the Following Is Not an External Factor Influencing