Which of the Following Types of Firms Have Planning and Decision-Making

question 26

Short Answer

Which of the following types of firms have planning and decision-making functions that are geared to international markets?
Exporting firms
International firms
Multinational firms
Domestic firms
None of these

---

Definitions:

Oligopolist

An oligopolist is a producer or seller in an oligopoly market structure, characterized by a small number of firms dominating the market, leading to limited competition.

Prices

The plural form referring to the various amounts of money that goods or services are bought and sold for in a market.

Price Discrimination

The strategy of selling the same product or service at different prices to different customers, based on their willingness or ability to pay.

Consumer Surplus

The discrepancy between the total sum consumers are prepared and capable of spending for a product or service, and the total sum they end up paying.