A U.S. computer manufacturing company seeking to expand its operations to a lesser- developed country can expect
a. socioeconomic issues to be unimportant
b. cost structures to be different
c. to easily apply the same technologies as in the United States
d. labor skills to be similar
e. the same infrastructure as in the United States
B
You might also like to view...
If a nation's Lorenz curve lies on the 45 degree line of income equality, then
A) more of the nation's income is received by the lowest 20 percent of families than by the highest 20 percent. B) income is unequally distributed. C) more of the nation's income is received by the highest 20 percent of families than by the lowest percent. D) the income received by each 20 percent of families is 20 percent of the total income.
When an economy's simple spending multiplier is 2.5, then its marginal propensity to consume is 0.4
a. True b. False Indicate whether the statement is true or false
If a firm in a perfectly competitive market faces a market price of $5, and it decides to produce 400 units, the firm's total revenue will be:
A. $2,000. B. $5. C. $405. D. $400.
If you earn an additional $200 in disposable income one week for feeding your neighbor's ferret
A. the total of your consumption and saving will increase by $200. B. the total of your consumption and saving will increase by more than $200. C. the total of your consumption and saving will increase by less than $200. D. your consumption will increase by more than $200, even if your MPS is 0.1.