Which of the following is typically provided by an industry analysis in economics?

• A. Information about market structure, competition, and key players in the industry
• B. An assessment of government fiscal policy
• C. A detailed account of individual consumer preferences
• D. A summary of global exchange rates

Answer: (A)

Verified step by step guidance

1. Understand the purpose of an industry analysis in economics, which is to evaluate the characteristics and dynamics within a specific industry.
2. Recognize that industry analysis typically focuses on market structure (such as monopoly, oligopoly, or perfect competition), the level of competition among firms, and identifying key players or major companies operating in the industry.
3. Note that government fiscal policy assessment is broader and relates to overall economic policy, not specific to an industry analysis.
4. Understand that individual consumer preferences are usually studied in consumer behavior or demand analysis, not in industry analysis.
5. A summary of global exchange rates pertains to international finance and macroeconomics, which is outside the scope of a typical industry analysis.