Answer:
This is false.
Explanation:
Greenfield Venture is a form of market entry strategy with establishment of a new wholly owned subsidiary in a foreign country by constructing its facilities from start. Through Greenfield Venture, a business enters a new market without the help of another business which is already present there. Although the process of setting up a Greenfield Venture, in most cases, is complex and more expensive, yet it provides maximum control to the firm. This is because the firm develops the project from the beginning thereby building its own culture and structure.
Answer:
≅ -1.7.
Explanation:
Let's calculate the change in quantity:
Let's now calculate the change in price:
Finally, let's calculate the price elasticity of demand:
Depends on what relationship you have with this "other guy". If he's just a friend to you it shouldn't even be considered romance unless you flirt or hook up. If he is a romantically relationship than you are definitely cheating.
Let's imagine a low season, this could be for example summer in a skiing resort, when there is no snow.
The hotel would likely be largely empty during such a time and would want to attract people with low prizes.
Therefore, the statement is false and the prizes would rather be low.
Answer:
Expansionary fiscal policy occurs when the Congress acts to cut tax rates or increase government spending, shifting the aggregate demand curve to the right. Contractionary fiscal policy occurs when Congress raises tax rates or cuts government spending, shifting aggregate demand to the left.
