Which of the following is not likely to be a gain to a host state of a multinational company? a) Taxation revenue b) Increased certainty over future economic activity  c) diminishing market competition  d) due to foreign competition, upcoming industries may collapse

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A: Hey, Thank you for the question. According to our policy, we can only answer 1 question per session.…

Q: QUESTION 1. Consider two countries: South Korea and New Zealand and two goods: Lamb and Air Pumps.…

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A:

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A: Answer to the question is as follows :

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Cost of Production

The entire idea of the cost of production or production cost is applied corresponding, or we can say that it is related to monetary cost. Money cost refers to any money expenditure which the firm or supplier, or producer undertakes in purchasing or hiring factor of production or factor services.