Business
Business, 16.09.2021 22:40, bayleegreen

One reason some U. S. companies have moved production from China to other overseas locations such as Vietam is because of the tariffs implemented on Chinese imports. Company​ managers, using all information​ avaialble, try for more profit not less profit when making the decision to move production out of China and into other foreign nations. This exemplifies which key economic​ idea? Busiess decision makers are patriotic.
B.
The market system relies on the principle of voluntary exchange.
C.
Business decision makers are rational.
D.
Optimal decisions are always political.

answer
Answers: 1

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