Which of the Following Best Defines Multinational Corporations

question 22

Multiple Choice

Which of the following best defines multinational corporations?

• A) An organization that has facilities and other assets in at least one country other than its home country
• B) An organization that imports goods from other countries to its home country
• C) An organization that exports goods from its home country to other countries
• D) An organization that has facilities and other assets only in its home country

---

Definitions:

Marginal Cost

The extra charge involved in producing an additional unit of a product or service.

Average Total Cost

The total cost divided by the quantity of output produced, reflecting the average cost per unit of output.

Profit

The financial gain made in a transaction, calculated as the difference between the revenue received and the costs incurred.

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the total quantity produced.