Answer:
It usually makes sense for a firm to consolidate its productive activities in one country
Explanation:
There are several trade trade theories. Successful trade theories believe in unrestricted free trade, which does not allow government policies to exist.
Trade Theories includes;
1. Classic theories
2. Modern theories
Answer:
The answer is: Economies of scale
Explanation:
Economies of scale are the diminished cost by companies when production becomes efficient. Companies can achieve economies of scale by increasing production and lowering costs. This happens because fixed costs are spread over a larger number of goods. There are implications in variable costs as well (for example in obtaining discounts by large purchases from suppliers). In general, the larger the scale, the more cost savings.
The cost per unit depends on how much the company produces. Larger companies can produce more by spreading the cost of production over a larger amount of goods. Specialization of labor and more integrated technology boost production volumes. Lower per-unit costs can come from bulk orders from suppliers, larger advertising buys, or lower cost of capital. Spreading internal function (for ex: accounting, information technology, and marketing) costs across more units produced and sold helps to reduce costs.
<u>The sustained increase in demand impacts on producers. Now they produced more units, being able to achieve economies of scale and the benefits previously described. </u>
Answer: A Semantic Differential Scale question.
A rating scale question is a type of a closed-end question in which the person who takes the survey assess the question on a given scale.
A rating scale may be a Likert scale or a Semantic differential scale.
In a Likert scale the choices usually range between strongly agree and strongly disagree.
In a semantic differential scale, however, each end of the scale has opposing sentences. In the question above, the five-point scale ranges from “hilarious” to “not funny”. Since this scale has opposing sentences at each end, this question is a semantic differential scale question.
