When a multinational affiliate replicates production in a foreign country it is called ________ foreign direct investment
A) horizontal
B) vertical
C) transitional
D) bisectional
E) direct
A
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Give an example of price discrimination
What will be an ideal response?
Total revenue can be defined as:
A. the amount that a firm receives from the sale of goods and services. B. the amount that a firm spends on all inputs that go into making a good or service. C. the total amount a firm spends on all inputs used in production. D. the total number of sales of a good or service by a firm.
Where does the money for investment in physical capital come from? It largely comes from:
A. the savings of ordinary households. B. government subsidies. C. the reinvestment of funds from businesses. D. donation by foreign countries.
The use of resources in the most productive way possible to produce the goods and services that have the greatest total economic value to society is called:
A. economic quantity. B. innovation. C. efficiency. D. sustainability.