If the home country's government grants a subsidy on a domestically produced good, domestic producers tend to

a. capture the entire subsidy in the form of higher profits.
b. increase their level of production.
c. reduce wages paid to domestic workers.
d. consider the subsidy as an increase in production cost.


b. increase their level of production.

Business

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Topography, including mountains, deserts, plains, and bodies of water, greatly influence:

A. local attitudes toward industrially developed economies. B. political relationships. C. the local approach to education and health services. D. the physical distribution of products and services.

Business

Bonita wants to sell her consulting abilities to a potential client. She should use principles that are similar to those used in selling products and services

Indicate whether the statement is true or false

Business

What technological advancement created for mobile devices has unleashed a new era of pricing transparency for consumers?

A. GPS systems B. SIM cards C. text messaging D. wireless apps E. mobile banking

Business

Daniel, his parents, and three brothers own all the stock of their family farm corporation. This corporation, which is taxed as a corporation, is probably:

a. an S corporation. b. a C corporation. c. a closely held corporation. d. an LLC.

Business