A Multinational Company Is

question 91

Multiple Choice

A multinational company is:

• A) an organization that provides disaster assistance and emergency relief for businesses through special tax law provisions.
• B) a nonprofit association dedicated to educating entrepreneurs and helping small businesses start, grow, and succeed nationwide.
• C) a business voluntarily operated by two or more people as co-owners for profit.
• D) a company that operates on a worldwide scale without ties to any specific nation or region and organized under the laws of its own country.
• E) a business composed of two or more owners who contribute the initial capital of the business and share in the profits and the losses.

---

Definitions:

Economic Profit

The discrepancy across total turnover and total spendings, including expenses both explicit and implicit.

Profit Per Unit

The profit earned for each unit of a good or service sold, calculated by subtracting the cost per unit from the selling price per unit.

Monopoly Firm

A single company that possesses exclusive control over the supply of a particular product or service, allowing it to influence price.

Profit-Maximizing

A strategy or approach aimed at achieving the highest possible profit through adjustments in production or pricing.