Q. Elucidate how that a profit-maximizing bundle will typically not exist for a technology that exhibits increasing returns to scale as long as there is some point that yields a positive profit.
Q. Illustrate what impact has the establishment of the Euro had on the need for cash management by a MNC doing business in Euro countries? Does the existence of the euro, instead of individual country currencies, increase, decrease, or not affect cash management activity? Consider the impact on both Euro countries also other countries such as the U.S.