Author Question: Offshoring refers to the the process in which: a. a firm hires laborers from a foreign market. b. a ... (Read 112 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
Offshoring refers to the the process in which:
 a. a firm hires laborers from a foreign market.
 b. a firm purchases service from another firm.
 c. a firm purchases service from another firm in another country.
 d. workers of a particular country seek employment in a firm of a foreign country.
 e. the government of a country works toward providing social security and other rights to migrant workers.

Question 2

Ceteris paribus, a 10 percent increase in income results in a 50 percent decline in the quantity of potatoes purchased. This implies potatoes can be categorized as _____.
 a. complements
  b. substitutes
  c. inferior goods
  d. normal goods
  e. luxury goods



cat123

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

c

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

For a complete list of videos, visit our video library