Which of the following is the MOST likely explanation for a Detroit construction company's imports of Canadian concrete blocks made in Windsor, Ontario?
a. the Ricardian model
b. offshoring
c. technology
d. proximity
Ans: d. proximity
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Refer to Figure 13-7. Which of the following statements describes the best course of action for the firm depicted in the diagram?
A) The firm should exit the industry because its price is less than its average total cost. B) The firm should minimize its losses by producing Qy units and charging a price of P0. C) The firm should minimize its losses by producing Qy units and charging a price of P1. D) The firm should minimize its losses by producing Qy units and charging a price of P2.
What happens if Firm A does not advertise but Firm B does advertise?
a. Firm A makes $125 million in profit while Firm B makes $50 million in profit.
b. Firm A makes $125 million in profit while Firm B makes $100 million in profit.
c. Firm A makes $50 million in profit while Firm B makes $125 million in profit.
d. Firm A makes $100 million in profit while Firm B makes $125 million in profit.
A derivative is a financial instrument that derives its value from another financial instrument, an underlying asset, or indices.
a. true b. false
Even if they? don't find a job right? away, people entering the job market after graduating from high school or college will
What will be an ideal response?