Answer: The U.S labor law
Explanation: The international market is made up of several companies and countries with unique labor laws and labor Relationships. The international market consists of different market players and different contributing factors that affects Businesses adversely than just the U.S Labour laws,an organization will be concerned with the U.S labour law if it is the only Country where it has Operations,but since it is an international entity more issues are available for it,such as Market penetration, building brand loyalty,access to credit facilities etc.
Drivers are keeping their cars longer than ever before. The average age of all cars on the road is over 11 years, up from eight years in 1995. Motorists who buy a brand-new car typically keep it for about six years, up from about four years in 2006.
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Answer:
externality
Explanation:
We define an externality in economics as the cost or benefit imposed by one or several parties on another person who never directly agreed to incur that particular cost or benefit.
The concept of externality was coined by Arthur Pigou around 1920.
The second hand smoker never gave any direct consent or agreement yet bears the cost of another person's action.
Answer:
If the firms want to maximize profit and they are price takers, they will eventually start hiring more women. Since the demand for female workers is lower, the price of their labor should also be lower. That means that if a firm wants to maximize its profits, it will need to decrease its costs. A way to decrease a company's costs is to hire cheaper labor.
Answer:
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