Question

What is an economic factor on a business

Answer 1

Hi there!

Information:

First, allow us to observe what an "economic factor is".

- An economic factor is data taken out of market and economy.

- Economic factor may include certain costs. And these costs well be in our answer.

Problem-Solving / Answer

Now, we figure out what economic factors we can find.

Tax rates - tax rates can include an Economic factor.

Laws - Laws are a known economic factor.

Unemployment - Big one, at this time due to COVID-19, unemployment rates are flying off the charts. This is an example of an economic factor.

Important Keywords;

- Data ; Data can be information taken from a place, for example, you have taken data from a chart.

Learn more:

Push factors: brainly.com/question/13553564

Economic growth: brainly.com/question/13023127