Answer: Liability of foreignness
Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.
In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.
Thus, from the above we can conclude that Malt hanks faced liability of foreignness.
Answer:
b) both the values that society places on those products and the costs to society of producing those products
Explanation:
When the "invisible hand" guides economic activity, prices are known as equilibrium prices.
Equilibrium price is found where the demand curve intersects with the supply curve .
Equilibrium price is the price where both the value that society places on those products and the costs to society of producing those products are equal.
I hope my answer helps you
Answer:
See answers below
Explanation:
1 The predetermined overhead rate
= Cost of manufacturing overhead / Cost driver.
Where cost driver
= labor cost / labor rate
= $240,192 / $12.51
= 19,200 hours
Expected overhead
= depreciation + supervisor + supplies + property tax
= 56,500 + 140,000 + 46,400 + 27,750
Total overhead = 270,650
Overhead rate = 270,650 / 19,200
= 14.10 per hour
2. The amount t of applied overhead for of 18,500 actual hours were worked on
= 18,500 hours × $14.10
= $260,850
Answer: The Demand should be in elastic
Explanation:
Peacock hotel rooms are a normal good and they have a negative price elasticity of demand, meaning a decrease in price of hotel rooms per night will increase quantity of hotels rooms demanded for Peacock.
Peacock is considering decreasing Prices to $ 175 per unit, for this decrease in Prices to lead to a decrease in total revenue, The demand for Peacock hotel rooms should be inelastic. When the demand for Peacock hotel rooms is inelastic a decrease in price to $ 175 will lead to a small change in the quantity of hotel rooms demanded for Peacock which will then lead to a decrease in Total Revenue.
Answer:
The proportion of funds invested in stock A is 66.67% or 2/3 of the total investment in the portfolio.
Explanation:
The portfolio beta is the sum of the weighted average of the individual stock betas that form up the portfolio. The portfolio beta is a measure of risk of the portfolio. The formula for portfolio beta is,
Portfolio beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N
Where w is the weight of each individual stock in the portfolio.
The beta of the market portfolio is always equal to one. Thus, taking this as portfolio beta, we can calculate the weighatge of each stock in the portfolio.
Let x be the weighatge of investment in stock A
Then (1 - x) will be the weightage of stock B.
1 = x * 0.8 + (1-x) * 1.4
1 = 0.8x + 1.4 - 1.4x
1 - 1.4 = -0.6x
-0.4 / -0.6 = x
x = 0.6667 or 66.67% or 2/3
Thus, the proportion of funds invested in stock A is 66.67%
