Answer:
The answer is: E) Market development strategy
Explanation:
A market development strategy involves selling your current products in new markets.
In this case, Quitman Enterprises will sell their language dictionary (current product) to international students abroad (new market).
They will seek to expand their potential market through new users of the same product.
Radicalism is the economic theory that views MNC's as bad for the working class and developing world.
Given that MNC's are viewed bad for the working class and developing world.
We are required to name the economic theory in which MNC's are viewed as bad for the working class and developing world.
The name of the economic theory that views MNC's as bad for the working class and developing world is radicalism. The term radicalism believes that society needs to be changed, and that these changes are only possible through revolutionary means. It is basically a negative theory for the MNC's. They are seem to be bad for the developing countries because they sometimes use the resources of the country out of the limit and in future the country will suffer from the scarcity of resources.
Hence radicalism is the economic theory views MNC's as bad for the working class and developing world.
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Answer:
According to Tyler the accountant the costs are $25,900 and Greg says the costs are $66,500.
Explanation:
COST AS PER TYLER -
According to Tyler( accountant) , Walters accounting cost will include the expenses which have been incurred on the painting business, so it will include the expenses paid by Walter on supplies and the interest he pays to his uncle.
Accounting cost = $25,000 + $30,000 x 3%
= $25,000 + $900
= $25,900
COST AS PER GREG -
According to Greg (economist) , Walters economic cost will include both the explicit cost and implicit cost. The explicit cost is $25,900 and the implicit cost is the opportunity cost which will include the interest that Walter could have earned on savings account and the salary as a teacher.
Economic cost = $25,900 + $40,000 + $20,000 x 3%
= $25,900 + $40,000 + $600
= $66,500
