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Conflict Theorists Conclude That,on the Whole,multinational Corporations Have a Positive

question 5

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Conflict theorists conclude that,on the whole,multinational corporations have a positive social impact on workers in both industrialized and developing nations.


Definitions:

Short Run

A period in economics during which at least one factor of production is fixed, limiting the ability of the economy or firm to adjust.

Long Run

A time frame in economics where all factors of production can be varied, allowing for full adjustment to changes.

Marginal Revenue

The enhanced earnings a business receives by selling one more unit of its goods or services.

Marginal Cost

The swell in overall financial outlay resulting from the crafting of an extra unit of a good or service.

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