The firm initiates a price decrease, their projection on the competitors' reaction is they will also decrease their price to level with them. Starting a price decrease will affect the whole market of like products. Also, another angle that they considered is they will be reprimanded by their regulatory board.
<span>The lack of well-defined and enforceable property rights is
the major factor when it comes to the slowing growth rate of the less developed
economies. Properties provide a big percent when it comes to economy value, and
without a proper property rights, collecting taxes will not be implemented
well.</span>
Answer: Option (C) is correct.
Explanation:
Given that,
In Dept. A,
Direct labor cost = $60,000
Manufacturing overhead = $90,000
Direct labor-hours = 6,000
Machine-hours = 2,000
In Dept. B,
Direct labor cost = $40,000
Manufacturing overhead = $45,000
Direct labor-hours = 9,000
Machine-hours = 15,000
Predetermined overhead rates in Dept. A = 
= 
= 150%
In dept. B = 
= 
= $3
Answer:
Hence, the firm's total variable cost of producing three units of output is $48 unit.
Thus, the correct option is d. $48 unit.
Explanation:
The computation of total variable cost is shown below:
= marginal cost of the First unit of output + marginal cost of the second unit of output + marginal cost of the third unit of output
= $20 + $16 + $12
= $48
The variable cost include all type of cost which is change when the production level changes. In the given question, the output level changes with the unit which reflects the variable cost. So, the cost would be added in the computation part.
Hence, the firm's total variable cost of producing three units of output is $48 unit.
Thus, the correct option is d. $48 unit.
Answer:
(A) It may serve only one country but have suppliers or facilities in other countries.
Explanation:
- An MNC is a multinational enterprise as its a corporate organization that serves the goods and services and also manages the production the establishments, and thus has a plants located in at least two countries and engages in FDI foreign direct investment as the firm markets have a direct investment in the host countries equity ownership and managerial control.
- They generally make a significant investment in a foreign country, also buying and selling licenses in the foreign markets and prover their global presence in a variety of ways like advertising costs over the global sales, pooling of global purchasing power over the suppliers, and also spreading R&D and innovation in markets.
