Answer:
A. When the U.S. firms set up production units in the advanced nations to meet rapidly growing demand.
Explanation:
Production within other advanced countries begin to limit the potential for exports when the U.S. producers set up their production facilities in advanced nations to deal with high demands of certain products. When the markets reach a mature stage, the products and services become highly standardized and this is when the competition starts depending on the price.
Answer:
c. 10%
Explanation:
Law Imposes additional 10% tax on early distribution of 401 (k) retirement plan. This law is to discourage the use of retirement fund for other purposes than the retirement plan. Evie want early distribution of her funds so she must pay 10% additional tax on these funds. So option c. 10% is correct for 401(k) retirement plan.
Answer: more elastic in their demand for tickets
Explanation:
Third-degree price discrimination is used by company when different price is being charged to a particular group of consumers.
Based on the scenario in the question, the owner of the concert hall should price tickets lower for customers who are more elastic in their demand for tickets.
Elastic demand simply means that a little change in the price of the concert hall will lead to a higher change in the quantity demanded. In this case, when the price increases, such people will buy little tickets. Therefore, the prices should be set lower for these set of people as there will be a huge increase in demand when the price is lower.
Answer: The correct answer is choice c.
Explanation: In this example, Mr. Parker has a high degree of referent power. Referent power is a form of reverence gained by a leader who has strong interpersonal relationship skills. The staff typically express enthusiasm for their work because of this type of leader’s personality and leadership style.
1.long-term loans
2.short-term loans
3.lines of credit
4.alternative financing