If the Production Technology Is Very Inflexible and Product Requirements

question 20

Multiple Choice

If the production technology is very inflexible and product requirements vary from one country to another,a firm has to set up

• A) local facilities to serve the market in each country.
• B) a few high-capacity facilities to serve the market in each country.
• C) many local facilities because this helps lower transportation costs.
• D) a few high-capacity facilities because this helps lower transportation costs.
• E) many high-capacity facilities because this helps lower transportation costs.

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Definitions:

Chloasma

A skin condition characterized by dark, discolored patches on the skin, often associated with hormonal changes, such as those occurring during pregnancy.

Xerosis

A medical term for abnormally dry skin, which can be caused by various factors including environmental conditions and certain skin conditions.

Circumscribed Lesion

A well-defined, localized abnormal area on skin or tissue, often differing in color or texture from surrounding areas.

Bulla

An elevated, fluid-filled blister more than 5 mm in diameter that forms on the skin or mucous membranes.