Answer:Multi national Trading or Corporation
Explanation:This is situation where business operations are moved to other nations with cheap labour and raw materials.The importance of this practice is to minimize their cost of operation and maxizmize profit.
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Answer:
c. faces a downward-sloping demand curve for its product
Explanation:
Perfect Competition is a market form, having large no. of sellers, selling homogeneous products at constant prices. So, constant prices imply that their demand curve is horizontal, perfectly elastic.
Monopolistic Competition is a market form, having many sellers, selling slightly differentiated products which are incomplete substitutes of each other. The prices also vary from firm to firm, depending on product quality. So, these firms have usual downward sloping curve, denoting price-demand inverse relationship.
Answer:
by committee
Explanation:
this is because it would be easier to do it with a committee than being alone.
A.Americans prefer to have the market, rather than the government, to manage their economy.
