Answer: the correct answer is C.) quantity demanded = 10; price = $10
Explanation:
John's Demand Wayne's Demand Total Demand
Price Quantity Price Quantity Price Quantity
$10 6 $10 4 $10 (6+4)=10
$15 4 $15 2 $15 (4+2)=6
Opium
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Its Tibet its in French culture
Answer:
(3) Joint venture
Explanation:
Once a company has decided to enter the global marketplace, it must select a means of market entry. Four general options exist: (1) exporting; (2) licensing; (3) <u>joint venture</u>; and (4) direct investment.
Joint venture refers to <u>an association that occurs between two companies that are usually located in different countries, in which they combine marketing strategies in order to increase their revenues and enter the global marketplace.</u>
An example is the joint venture of General Motors–Suzuki. This "alliance" was <u>extremely beneficial for both companies</u>, as it allowed Suzuki to access both American and European markets, while General Motors employees learned important Japanese manufacturing methods.
