What can a pure market economy also be called

A product is invented in Country X and is first manufactured there. The International Product Life Cycle Theory holds that the p

kirza4 [7]

Answer:

False

Explanation:

International Product Cycle is a model that patterns international manufacturing & trade of product . It has 4 stages :

Introduction - Innovated Invention in a developed country. Limited production & consumption, no competition
Growth - Spread to other developed countries, foreign production & competition starts, consumption & coverage rise.
Maturity - Spread to developing countries, stagnant growth in developed countries & fast growth in less developed countries
Decline - Spread to less developed countries, technology outdated, various substitutes emerge & no. of sellers decline, demand still exist in less developed countries.

So: the next stage after 'Innovated Invention' in a developed country X is - its growth in other developed countries, not 'manfacturing in developing countries' (reflected in 3rd maturity stage).

7 0

3 years ago

Anna is separated from her boyfriend, John, while she studies economics and he goes to art school. Even though she wants to cal

Andreas93 [3]

Answer:

Kindly check attached picture for drawing of Anna demand curve

8 0

3 years ago

Match the terms with their descriptions. Customer Inquiry Quotation Customer Purchase Order A. An agreement to purchase the stat

REY [17]

Answer:

matched as below

Explanation:

A. An agreement to purchase the stated material, for the stated price, under the stated terms...Customer Purchase Order.

A purchase order represents instructions contained in an order document given out by a customer to business to deliver the goods specified in the order. The customer has committed to buy the goods stated in the order. A customer will prepare a Customer purchase order based on a quotation provided by a business.

B. It spells out the availability and prices of the materials specified in the inquiry. It is prepared by the sales department. ..Quotation.

A quotation is a document prepared by a company detailing the availability of specified good or services and their prices. A quotation will be issued in response to an inquiry from a customer. The sales department prepares the document in consultations with the stores department.

C. A request for information about the availability and prices of the products that a customer is interested in...Customer Inquiry.

A Customer Inquiry is a document that specifies items or services that customer would wish to buy from the business. The customer seeks to know if the company deals with specific products, their prices and availability.

5 0

3 years ago

China allows U.S. companies to ally with Chinese firms by purchasing minority ownership positions in the Chinese firms. These re

Snowcat [4.5K]

Answer:

C) equity strategic alliances.

Explanation:

100% correct

6 0

3 years ago

"The function C(t)=C(1+r)t models the rise in the cost of a product that has a cost of C today, subject to an average yearly inf

Cloud [144]

Answer:

$351,912.61

Explanation:

Data provided in the question:

function that models the rise in the cost of a product

$C(t)=C(1+r)^t$

C = $285,700

t = 14 years

r = 1.5% = 0.015

Now,

On substituting the respective values in the given function, we get

inflation-adjusted cost in 14 years i.e C(14) = $285,700(1 + 0.015)¹⁴

or

C(14) = $285,700 × 1.2317

or

C(14) = $351,912.61

4 0

3 years ago