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Zanzabum
2 years ago
6

one reason some manufacturing companies have moved production from overseas locations back to the united states is an increasing

preference by U.S. consumers for products made in the united states. Assuming that managers at these companies used all available information, including the increased preference by U.S. consumers for domestically produced, when making the decision to move production back to the United States exemplifies which key economic idea
Business
1 answer:
Sloan [31]2 years ago
5 0

Answer: C.  People are rational.

Explanation:

Economic theory assumes that people are rational when making economic decisions. This means that they will seek to make a decision that can satisfy them the most or give them the highest benefit.

This benefit does not always have to be monetary, it can also be emotional. The U.S. customers who prefer made in America products would therefore be emotionally satisfied by the decision of these manufacturing companies to move back to the U.S. and will patronize them more.

This decision to move back was therefore based on people being rational.

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Project selection helps to ensure that no project affect the status of other
kirza4 [7]

Answer:

<u>projects</u>

Explanation:

Remember, among the 'Project selection' stage is the first stage of the Project Process Stages. This stage typically involves examining each project and then determining which is of utmost importance.

Rather than trying to run every uncompleted project with the limited resources available which may affect the status of other projects, it is better to select the project that is most beneficial and that is feasible to complete within the stipulated deadline.

3 0
3 years ago
As the manager of Margarita Mexican Restaurant, you must deal with a variety of business transactions. Provide an explanation fo
nalin [4]

Answer:

Explanation:

The explanation of the following transactions is given

a. Debit Equipment and credit Cash.  

In this transaction, the equipment is purchased for cash so the equipment account is debited and the cash account is credited.

b. Debit Dividends and credit Cash.  

In this transaction, the dividend is paid for cash so the dividend account is debited and the cash account is credited.

c. Debit Wages Payable and credit Cash.  

In this transaction, the Accrued wages are paid for cash so the wages payable account is debited and cash account is credited.

d. Debit Equipment and credit Common Stock  

In this transaction, the equipment is purchased for exchange of the common stock so the equipment account is debited and common stock is credited.

e. Debit Cash and credit Unearned Revenue  

In this transaction, the cash is received for service rendered in the future so the cash account is debited and Unearned Revenue is credited.

f. Debit Advertising Expense and credit Cash  

In this transaction, the advertising expense is paid for cash so the advertising expense account is debited and cash is credited.

g. Debit Cash and credit Service Revenue.

In this transaction, the cash is received for service performed so the cash account is debited and service Revenue is credited.

5 0
3 years ago
Which of these innovations would not qualify as a dominant design? a. The two wheeled diamond frame bicycle b. Direct online ins
Alecsey [184]

The best answer for this question would be:

d. The 5 string bass guitar

 

This innovation is not a dominant design because it has already been done, and that the attempt of this 5-string would result in a musical failure.

7 0
3 years ago
When creating a home network, many people use _______ instead of Ethernet due to its simplicity and lower cost.
nikdorinn [45]

Answer:

Wireless connection

Explanation:

7 0
3 years ago
Read 2 more answers
Jiyaing is an hr manager at a research firm in china, and her company has decided to open a branch in the united states. jiyaing
grandymaker [24]
The type of cultural intelligent Jiyaing needs is "low-context culture".


There are two terms which are used, high-context culture and low-context culture, both are opposite to each other.In low-context culture, individuals utilize communication principally to trade realities and data; meaning is resulted basically from words; business exchanges are more critical than building connections and trust; and individual welfare and accomplishment are more imperative than the gathering.
4 0
3 years ago
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