Mncs may undertake overseas investment projects in a foreign country, despite the fact that local firms may enjoy inherent advantages. this implies that a. mncs are making a mistake in this case and will have to eventually withdraw. b.mncs should have significant advantages over local firms such as comparative advantages due to intangible assets. c. the local firms will not have to compete due to their inherent advantages over the foreigners. d. none of the above
Answers: 3
Business, 21.06.2019 18:30, steloiryancy
Which of the following is located at the point where the supply and demand curves intersect? a. the equilibrium price. b. the minimum supply. c. the level of efficient production. d. the maximum demand. 2b2t
Answers: 1
Business, 22.06.2019 21:10, dooboose15
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Mncs may undertake overseas investment projects in a foreign country, despite the fact that local fi...
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