The fact that Nigeria's inflation rate has dropped by almost 2.5 percent since the beginning of this decade would be what type of factor for a company that wanted to do business in that country?
A)legal
B)economic
C)cultural
D)technological

Question

Quizplus · Accepted Answer

The drop in inflation rate is an economic factor that can affect a company's decision to do business in Nigeria. A lower inflation rate can result in more stable prices for goods and services, which can benefit a business's operations and profitability.

The Fact That Nigeria's Inflation Rate Has Dropped by Almost