Answer:
Most likely yes
Explanation:
Business practices do depend on local cultures, but they are also very sensitive to standardization since business across the world have the base basic objective: to increase economic value, and this value is measurable.
As globalization advances, firms all over the world will seek the best financial, operative, and human resource practices in order to increase economic value, and this practices will be available to a global audience mainly in the form of quantitative data and strategies that can be adapted to any firm no matter where it is located.
Ummmm I really don’t know but I have to answer a question to ask one
Answer:
Refer explanation...
Explanation:
A negative externality occurs when the production or consumption of a good or service creatives a negative impact on a third party. Hence, the social cost is higher than the private cost.
I have provided 4 examples of negative externalities below, although the requirement is 3 :)
A. Negative externalities in production:
1. When rainforests are cut down for animal rearing, it leads to an increase in CO2 in the atmosphere which can damage the ozone layer and cause global warming.
2. Using pesticides on vegetation protects them from insects, however it leads to harmful carcinogens to enter the environment and create pollution.
B. Negative externalities in consumption:
1. Consumption of cigarettes may deteriorate the health of those around, who are vulnerable to passive smoking.
2. Alcohol consumption develops drunk drivers who increase the risk of car accidents and social disorder.
Market failure occurs when the price mechanism fails to incorporate all the costs and benefits involved in the production or consumption of a particular good or service. The market fails by not being able to supply the socially optimum level of output of a good or a service. Hence there is an over-consumption of a good that creates negative externalities or under-consumption of a good that produces positive externalities.
Answer:
False
Explanation:
A put option buyer purchases a right to sell a currency on expiry date at a pre determined exercise price or strike price. Put buyer is not under any obligation to sell the option. He will only exercise the right when it is beneficial for him.
3 terms are relevant here,
OP= Option premium paid
CMP= Current Market Price
EP= Exercise or strike price
A put buyer gains when his exercise price is more than the CMP on the expiry date.
His gain is = EP - CMP - OP
So, when exercise price as reduced by option premium paid is equal to current market price, break even point for a put buyer is reached.
Hence the given statement is false.
Answer:
Option (B) is correct.
Explanation:
Given that,
Average total cost of producing cell phones = $20
Current output level = 100 units per week
Fixed cost = $1,200 per week
Average total cost = (Variable cost + Fixed cost) ÷ Number of units
$20 = (Variable cost + $1,200) ÷ 100
$2,000 = (Variable cost + $1,200)
$2,000 - $1,200 = Variable cost
$800 = Variable cost
Total cost = Variable cost + Fixed cost
= $800 + $1,200
= $2,000
Average variable cost:
= Variable cost ÷ Number of units
= $800 ÷ 100
= $8
Average Fixed cost:
= Fixed cost ÷ Number of units
= $1,200 ÷ 100
= $12
Therefore, the correct answer is: Average variable cost is $8.
