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Author Question: Offshoring refers to the the process in which: a. a firm hires laborers from a foreign market. b. a ... (Read 119 times)

Zoey63294

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


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