Foreign business denotes: the domestic operations within a foreign country.
<u>Explanation:</u>
Foreign marketing relates to the progress of a company outside its home or domestic market. A corporation accompanying business in one state when consolidated in added is deemed a foreign corporation and must fit as a foreign corporation to legitimately do business in that state.
The exclusive state that your business is not foreign to is the initial state you enrolled in your business in. You endure foreign in all other states because your market has been established and complies with the laws of another state.
<span> A leader can be a manager, but does not need to be a manager. You can lead/be a leader without being a manager.
An example that I have heard used often is that the leader will climb
the ladder, the manager will make sure we have the ladder, it is stable
and it is against the right building. Leading has more to do with the
vision and taking the people with you. Management includes leading, but
also covers the how and other similar things. (PS I think the original
ladder example might be from Covey. Have a look at his stuff on
leadership v managers) </span>
Answer:
A large country never gains from imposing an import tariff - option C.
Explanation:
For an import tariff, the national welfare effect is assessed as the sum of the producer and consumer surplus and government revenue effects.
There may be a rise or fall in national welfare, when a large country implements an import tariff.
A large country never gains from imposing an import tariff. The reason is that:
Whenever a large country implements a large tariff, it will result into a fall in national welfare but whenever a large country implements a small tariff, it will raise national welfare.
When the national welfare decreases, the implication is that the sum of the gains is lower than the sum of the losses across all individuals in the economy.
Thus, a large country never gains from imposing an import tariff - option C.
Commercial paper should be sold on a discount
Answer:
A. becomes positive once the value of the next best use of resources used in production is included
Explanation:
Economic profit is accounting profit less implicit cost or opportunity cost.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Accounting profit is total revenue less total cost.
If in the short run firms are earning economic profit, in the long run firms would enter into the industry and this would drive economic profit to zero. While economic profit is zero, accounting profit would be postive. So the firm would still be earning accounting profit.
I hope my answer helps you