Which of the Following Is Not a Pertinent Question in Deciding

question 48

Multiple Choice

Which of the following is not a pertinent question in deciding whether to expand a business internationally?

• A) Can the United States' power of eminent domain be exercised in the host country?
• B) Is there a demand for the product in the targeted country or countries?
• C) Are there legal obstacles in the targeted country that should be carefully considered?
• D) Is managing an international business at a distance a realistic possibility for the firm?

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Definitions:

Industry Output

The total production of goods and services provided by an industry within a specific period.

Equilibrium Point

A state in which market supply and demand balance each other, resulting in stable prices.

Wage Rate

The standard amount of pay given for work performed, typically expressed on an hourly, daily, or piecework basis.

Marginal Cost Function

The relationship that shows the change in total production cost when producing one additional unit of a good or service.