Author Question: Offshoring refers to the the process in which: a. a firm hires laborers from a foreign market. b. a ... (Read 118 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?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

For a complete list of videos, visit our video library