In this scenario, victor was awarded an "extrinsic reward" for his efforts.
An extrinsic reward refers to an honor that is substantial or physically given to you for achieving something. It is an unmistakable acknowledgment of ones undertaking. For instance, it's a testament of achievement, a trophy or award for winning the race, an identification or focuses for accomplishing something right, or even a monetary reward for doing your activity.
Answer:
The cost price is the price you buy a product for. You need to compare the cost price to the selling price to know whether you got a profit or loss (did you make money or did you not).
If you don't know the cost price, you don't know whether you have a profit or loss. Of course everyone wants a profit (make money) so to determine a selling price the cost price is important.
Answer:
d. decrease, and U.S. net capital outflow decreases.
Explanation:
net exports = total exports - total imports
in this case, imports increase, so net exports will decrease
The net capital outflow represents the money being invested in a country. If foreign investors invest in the US economy then the net capital outflow will increase. But if US investors invest in foreign economies, the net capital outflow will decrease. In this case, the US company paid the foreign company in US dollars, therefore, the foreign company now has a US asset (US dollars).
Answer:
B. Sell products to companies that plan to resell them
Explanation:
like costco
