What is the primary focus of the new trade theory developed by Krugman, Helpman, and Lancaster?

A) protecting intellectual property rights
B) expanding research and development
C) developing economies of scale
D) exploiting the experience curve

C

Business

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Santora Company manufactures two products—toaster ovens and bread machines

The following data are available: Toaster Ovens Bread Machines Sales price $70 $170 Variable costs $50 $70 Santora can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Santora's production capacity is 2,000 machine hours per month, and it can sell as many units of either type as it can produce. Which product and how many units should the company produce in a month to maximize profits? (Round machine hour per unit to two decimal places and your final answer to the nearest whole dollar.) A) 8,000 bread machines B) 6,000 toaster ovens and 4,000 bread machines C) 8,000 toaster ovens and 6,000 bread machines D) 12,000 toaster ovens

Business

A good starting point in improving your personal productivity and quality is to clarify your objectives

Indicate whether the statement is true or false

Business