A MNC Can

question 62

Multiple Choice

A MNC can

• A)be a factor that increases the opportunities of the citizens of less developed countries.
• B)be a factor that increases the opportunity set of domestic investors.
• C)increase economic efficiency.
• D)all of the above

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive in the market.

Producer Surplus

The difference between the amount that producers are willing to accept for a good or service versus what they actually receive.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay for a product and the actual market price they pay.

Government Revenue

The money received by a government from taxes, fees, fines, intergovernmental grants, and other sources to fund public spending.