For a state to tax a business, the business must:
a. do at least a minimal amount of business in that state b. have a trucking route through that state
c. have five employees living in that state d. have a telephone number in that state e. have a CEO living within that state
a
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Xu Corp started business at the beginning of 2015 . Xu selected the FIFO method for its inventory. In order to maximize its profits for 2015 under this method, prices must be
a. Increasing b. Decreasing c. Stable d. Fluctuating up and down at the same amount consistently over the year
When a foreign competitor is able to unfairly sell a product at a lower price because it receives subsidies from the host government or exploits, lower labor or lower environmental standards, it is called:
A. Free market competition B. Competitive advantage C. Enterprise unionism D. Social dumping
Nina went to the fish store and bought some guppies. She purchased 2 Flagtail guppies for $2.99 each, 6 Mosaic guppies for $3.49 each, and 4 Leopard guppies for $1.99 each. What was her total purchase?
Identify five factors that tend to intensify competitive rivalry among an industry's member firms.
What will be an ideal response?