1 why do firms from each of the following categories become, Ask an Expert

Economics

1. Why do firms from each of the following categories become multinational? Identify the competitive advantages that a firm in each category must have to be a successful multinational.

a. Raw-materials seekers

b. Market seekers

c. Cost minimizers

2. Which of the following can occur as a result of advertising in a monopolistically competitive market? Check all that apply.

a) Positive long-run economic profit b) Lower long-run product price c) Expansion of the market d) Posutuve short run profit

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91992858

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