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grin007 [14]
3 years ago
7

Widgets, Inc. is beginning to export its products to Taiwan, but it isn't sure if it needs a license to do so. The responsibilit

y of determining if a license is required rests with the Taiwanese company that is purchasing the products.
a. True
b. False
Business
1 answer:
Pachacha [2.7K]3 years ago
5 0

Answer:

b. False

Explanation:

This statement is False. The products and the decision to move them to a foreign country is Widget's Inc. Therefore, the responsibility of making sure all of the paperwork is in order for exporting that product to each specific country is Widget Inc's and no one else's. They are the ones that need to make sure that they are legally allowed to bring their product into a country and make sure that it is not considered contraband and that all the paperwork is obtained including licenses.

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When a natural monopoly exists in a given industry, the per-unit costs of production will be?
alina1380 [7]
<span>They will be lowest when a single company produces all of the output in an industry. This will be because the one company is doing all the production and does not have to compete with any other companies trying to enter the marketplace. The lack of new companies will allow the monopolizing company to set their own prices for costs of production.</span>
4 0
3 years ago
.) A currency dealer has good credit and can borrow either $1,000,000 or €800,000 for one year. The one-year interest rate in th
d1i1m1o1n [39]

Answer:

The question does not fit the options, since the options all refer to a 2% interest rate in US dollars and a 6% interest rate in euros. While the question states that the interest rate in US dollars is 5% and the interest rate in euros is 4%.

The answer to the question is:

If you borrow $1,000,000 today, you will be able to purchase 800,000€. Or if you borrow 800,000€ today, you will be able to purchase $1,000,000.

Since the forward rate is higher, you should borrow dollars, invest in euros and after a year, purchase back dollars and pay back your debt.

Gain:

= 800,000€ x 1.04 = 832,000€ x 1.4 = $1,164,800, then you pay back your loan = $1,164,800 - ($1,000,000 x 1.05) = $1,164,800 - $1,050,000 = $114,800 gain

Options C will also yield gains:

option C = borrow 800,000€ and buy $1,000,000. After one year you will have $1,020,000 which you can use to purchase 850,000€. Your gain = 850,000€ - (800,000€ x 1.06) = 2,000€

7 0
4 years ago
When John first starts his job, he rides the bus wherever he goes. However, after one year, John receives a promotion and a pay
vekshin1

Answer:

c. Inferior

Explanation:

Based on the information provided it can be said that this behavior would indicate that to John, a bus ride is an inferior good. This term by definition is a good whose demand decreases when consumer's income rises. Since John received an increased salary with his promotion, he is now able to afford to be able to drive instead of taking the bus. Therefore his demand for taking the bus has drastically decreased.

4 0
3 years ago
Cost leadership is a sustainable source of competitive advantage only if no barriers exist that prevent competitors from achievi
krek1111 [17]

Answer: false

Explanation:

The statement is false because cost leadership is not really sustainable as it's cost effective due to the maintenance charge required to keep them in a great care despite the low operational cost being runned by the organization

6 0
3 years ago
The law of supply states that
pashok25 [27]
B. as price rise so will supply, and prices will fall, so will supply
5 0
3 years ago
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