Tip Can Write 2 Pages of Term Paper or Solve

question 24

Multiple Choice

Tip can write 2 pages of term paper or solve 4 workbook problems in an hour, while Spot can write 4 pages of term paper or solve 12 workbook problems in an hour.If they each decide to work a total of 6 hours and to share their output, then if they produce as many pages of term paper as possible given that they produce 10 workbook problems,

• A)Spot will write term papers only and Tip will do workbook problems only.
• B)Spot will spend all of his time writing term papers and Tip will spend some time at each task.
• C)both students will spend some time at each task.
• D)Tip will spend all of his time writing term papers and Spot will spend some time at each task.
• E)Tip will write term papers only and Spot will do workbook problems only.

---

Definitions:

Location Economies

The cost advantages gained by a business due to its geographical position, often influencing its competitiveness.

Meganational Strategy

A business strategy that emphasizes operating and competing in multiple countries as one global market.

Avoids Adaptation

a strategy where a business does not significantly alter its product or services to accommodate different cultural or market requirements in its expansion or operations.

Differentiated Needs

The varying requirements and preferences of customers or markets that businesses seek to satisfy with customized products or services.