Which of the following transactions can be categorized as outsourcing?

a. A U.S. furniture manufacturer buying a lumber facility.
b. A U.S. firm transferring some of its operations to its new subsidiary in India.
c. Nike selling its sportswear to customers through its franchisees across the world.
d. A U.S. cosmetics firm using an advertising agency to market its products.


D

Economics

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Labor demand curves are homogeneous of degree zero.

Answer the following statement true (T) or false (F)

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The Sarbanes-Oxley Act was passed in response to the 2007-2009 financial crisis

Indicate whether the statement is true or false

Economics

The balance of trade is defined as

A) the difference between the value of the goods and services a country exports and the value of the goods and services a country imports. B) the difference between the balance of the current account and the balance of the capital account. C) the difference between the balance of the current account and the balance of the financial account. D) the difference between the value of the goods a country exports and the value of the goods a country imports.

Economics

Refer to Figure 7.1. Suppose the city passes an ordinance banning loud music, and this directly impacts Angus's legal ability to play his bagpipes

If Angus continues to play the bagpipes and Dudley calls the police, the payoffs in the appropriate cell in the payoff matrix would change to A) N/A. B) 550, 100. C) 100, 550. D) The payoffs would not change.

Economics