In Third Countries, a Company _____

question 82

Multiple Choice

In third countries, a company _____.

• A)establishes the most important facilities
• B)establishes its headquarters
• C)may or may not have a facility
• D)locates at least three facilities
• E)locates at least one production plant

---

Definitions:

Surplus

A surplus refers to the amount by which the quantity supplied of a product or service exceeds the quantity demanded, often resulting in a decrease in prices.

Shortage

A market condition where the demand for a good exceeds its supply at a specific price, often leading to price increases.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a given time period.

Shortage

A situation where the demand for a product exceeds its supply in the market.