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Firms use economic analyses to better understand the overall outlook for the economy and how economic changes will impact the firm.

a. True
b. False

User Pronebird
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1 Answer

3 votes

Answer:

True.

Step-by-step explanation:

It is a true statement.

The firm economic result that is, financial performance depends upon various factors that includes external forces also.

Further, to remain in industry ( or for stable growth ), the firm have to synchronize their activities with the environment.

The question specifies economic environment that relatively impact the firm. So , this statement is true.

User David Pullar
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