The rapid expansion of world exports since 1980 demonstrates that A. business people can expect to meet lower levels of competition in their domestic markets. B. domestic business cannot compete with cheap imports. C. the opportunity to increase sales by exporting is a viable growth strategy. D. jobs will inevitably decline in developed countries due to import competition. E. companies that do not export will probably not survive.

Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?