<span>The question refers to whether that scenario describes a competitive market, and the answer is - no. This scenario that you have presented us with is not an example of a competitive market because there is no free entry. Because firms cannot freely enter this market, this cannot be said to be competitive, because there are no companies to compete if there is only one firm involved. </span>
Because of the last recession, many companies decreased financial donations but encouraged their employees to volunteer their times to corporate social initiatives and project.
This way, they can gain the public favor by putting it on their corporate social responsibility.
The matter that will considered when calculating a country's balance of payments is the military expenditures.
<h3>What is a
balance of payments?</h3>
This refers to the balance of international payments. This is athe statement of all transactions made between entities in one country and the rest of the world over a defined period such as during a month, quarter, year etc.
The balance of payments summarizes all transactions that a country's individuals, companies, government bodies complete with individuals, companies, and government bodies outside the country.
These balance of payments helps to measures the inflows and outflows of money from sectors such as tourism, foreign aid, military expenditures and foreign investments as well as flows resulting from exports and imports.
Hence, the matter that will considered when calculating a country's balance of payments is the military expenditures.
Therefore, the Option A is correct.
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Answer:
a. less risky strategies first.
Explanation:
When find enter into foreign markets their knowledge and experience in the market space is limited. They will most likely implement less risky strategies of doing business bearlier on.
As they get to understand the market dynamics of the foreign country they are more confident in doing more risky transactions.
For example they can start with local production and exporting to the foreign country first. Then later open up operations in the foreign country.
Answer:The variable cost per book is $16
Explanation:
Sale price per book = $18
Books need to sell = 2,000
Total Revenue. = $36,000
($18*2,000)
At Break Even Total Revenue = Cost + investment so total variable cost is ($36,000 - $4,000) = $32,000 and cost per book is $32,000÷2,000 = $16 per book