Business, 16.09.2021 22:40 bayleegreen

One reason some U. S. companies have moved production from China to other overseas locations such as Vietam is because of the tariffs implemented on Chinese imports. Company managers, using all information avaialble, try for more profit not less profit when making the decision to move production out of China and into other foreign nations. This exemplifies which key economic idea? Busiess decision makers are patriotic.
B.
The market system relies on the principle of voluntary exchange.
C.
Business decision makers are rational.
D.
Optimal decisions are always political.

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