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Related Mcqs:
- When you consume good Q, not only do you benefit form consuming the good but other people benefit from your consumption as well, if firms produce good Q where P = MC, firms will be producing ?
- A. less than the efficient level of output B. more than the efficient level of output C. so that consumer surplus is zero D. the efficient level of output...
- The biggest of greatest amount of involvement in a foreign market comes through which of the following ?
- A. Exporting B. Joint venturing C. Licensing D. Direct investment...
- When an importing country sets limits on the amount of goods it will accept in certain product categories it is called a(n) ?
- A. quota B. barrier C. tariff D. embargo...
- _________ are products bought by individuals and organizations for further processing or for use in conducting a business?
- A. Consumer products B. Services C. Industrial products D. Specialty products...
- If a company (considering its options on the product/market expansion grid) chooses to move into different unrelated fields (from what it ha ever done before) with new products as a means to stimulate growth the company would be following which of the following general strategies ?
- A. market penetrations B. market development C. product development D. diversification...
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