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Currency depreciation increased the cost of imported medicines and the company revised prices. Which dimension affects this?

Answer and explanation

Correct answer: Economic dimension

Currency value and import cost are economic factors. In exams place exchange rate and currency value under economic dimension.

Related tags

Economic DimensionCurrency DepreciationImport CostDimensions Of Business EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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