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MrMuchimi
3 years ago
6

If a foreign government hires an American consulting firm to help the country's textile industry improve production operations,

the contract is commercial, and if the foreign government refuses to pay, the consulting firm may sue the government in American courts.
A.True
B.False
Business
1 answer:
Anna71 [15]3 years ago
3 0

Answer:

If a foreign government hires an American consulting firm to help the country's textile industry improve production operations, the contract is commercial, and if the foreign government refuses to pay, the consulting firm may sue the government in American courts.

False

Explanation:

Any company could be sued at anywhere so far there is bridge of agreement or contract, with the analogy above such consulting American company would be sued but in the above case, a consulting American firm can not sue themselves unless someone in the company sue the American consulting firm

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2 years ago
Answer the question on the basis of the demand and cost data for a pure monopolist. The profit-maximizing price for the monopoli
RSB [31]

From the information provided, the profit-maximizing level of output will be 5 units (Option C)

<h3>What is a pure monopolist?</h3>

A market structure known as a pure monopoly occurs when there is only one supplier of a product, and there are no reasonably priced alternatives. Pure monopolies are not common.

<h3>What is the explanation for the above?</h3>

When marginal cost and marginal revenue are equal, a monopolist produces that level of output (MC=MR). This is the output that maximizes profit.

If MC > MR, then the monopolist creates an output level where the most recent output costs less than it generates income.

To put it another way, the monopolist creates the final output when marginal revenue exceeds marginal cost.

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Learn more about pure monopolist:
brainly.com/question/24175438
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Full Question:

Answer the question on the basis of the provided demand and cost data for a pure monopolist.

The profit-maximizing level of output will be

A) 4 units.

B) 7 units.

C) 5 units.

D) 6 units.

Download xlsx
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2 years ago
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