A Firm in a Monopolistically Competitive Market Makes No Economic

question 134

Multiple Choice

A firm in a monopolistically competitive market makes no economic profit in the long run because

• A)long-run marginal cost will be too high to make any economic profit.
• B)long-run price will be equal to long-run marginal cost.
• C)long-run marginal cost will be equal to long-run marginal revenue.
• D)long-run price will be equal to long-run average cost.

Understand the importance of including family in the expatriate’s preparation process.

Describe the methods for evaluating expatriate performance in foreign assignments.

Recognize the phases of international assignments.

Explore the dimensions of culture impacting international HR management and the selection criteria for expatriates.

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Definitions:

Aromatic

Refers to molecules that contain one or more planar rings of atoms with delocalized pi electron systems, typically associated with increased stability.

Antiaromatic

Compounds that have a cyclic, planar arrangement of atoms with 4n electrons that destabilize the molecule.

Orbital

A mathematical formula that characterizes the wave-patterns of a single electron or an electron duo within an atom.

Aromatic

Refers to chemicals that contain benzene rings, or similar ring structures, which are stable and have distinctive smells.