Polson Papers Produces Paper Substrates for the Production of Gift

question 2

Multiple Choice

Polson Papers produces paper substrates for the production of gift wraps,wallpaper,and other products for the print industry.It does business in over 150 countries and its products are utilized for the same purposes in each of its many markets. Polson can be considered a ________________________________.

• A) global brand
• B) multidomestic brand
• C) multinational brand
• D) domestic brand

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Definitions:

Economically Desirable

Attributes or actions that are beneficial from an economic standpoint, promoting efficiency, growth, or productivity.

Producer Surplus

The difference between the amount producers are willing to supply a good for and the actual amount they receive by selling it.

Market Price

The current price at which a goods or service can be bought or sold in a particular market.

Consumer Surplus

The gap between what consumers are prepared and capable of paying for a product or service and what they end up spending.