It is known as PRODUCER SURPLUS. Producer surplus is a measure of the difference between the amount of money a producer of a good receives and the lowest amount the producer is willing to accept for the good. The difference, which is the surplus amount is the benefit of the producer for selling the good.
Answer:
Overcomes barriers to entry in another county.
Explanation:
Cross border acquisitions: Buying assets for your company in another country.
- Most companies tend to relocate itself beyond the border to get the idea of international market, and gain a competitive advantage for themselves in their domestic market.
- The primary reason for a company to relocate is, getting an entry in the market of of another company which looks profitable. By acquisition the barriers would be gone.
Answer: Obey the preferred laws.
Explanation:
A socially responsible company has to be aware of both profit making and adding value to the society they are found in. Therefore a socially responsible company does not need to be Selective to the laws they obey, but rather obey all laws that cover the scope of their business in the society.
Goods and services are:
B. Together, they represent everything that can be bought or sold.
A is false because only goods can be touched and tangible.
C is false because there are times when goods and services are scarce.
D is false because both have economic value that is why goods and services are bought and paid for.
<span>One of the primary disadvantages of renting as opposed to buying is that there are limitations in what can and cannot be done to the home. On the other hand, the benefit of paying less and lesser risks is something that home renters enjoy over their homeowner counterparts.</span>