As an example of the expansion of global marketing, Oreos can be found in more than 100 countries
What is global marketing?Selling a product abroad is only one aspect of global marketing. Instead, it encompasses every step of organizing, creating, distributing, and advertising a company's goods on a global scale. With the growth of the Internet, even small firms may now contact customers throughout the globe. Large corporations frequently maintain offices in the foreign nations they market to.
Even if a business decides against going global, it might still have to compete with foreign firms doing so at home. Due to the competition, most businesses now consider having an international presence to be almost necessary.
For goods with widespread consumer demand, like food and automobiles, global marketing is especially crucial. As a result, a beverage firm is more likely to be present in more markets than, for example, a wooden toy company; nevertheless, even a wooden toy company may find niche markets in various parts of the world.
Thus Global Marketing blurs the physical boundaries and helps the sellers to connect to potential buyers.
For more information on Global Markets, refer to the given link:
https://brainly.com/question/26958871
#SPJ4
When looking at a financial aid award letter, which type of aid would you have to pay back?
a) Federal work-study
b) merit scholarship
c) federal pell grant
b) Perkins loan
Answer:
There are four components you need to consider: Yearly costs, such as tuition, fees, books, room and board, travel expenses, etc. Financial aid that you don't have to pay back, such as scholarships, grants, and work-study. Financial aid that you do need to pay back, such as as federal loans.
Explanation:
I hope this helps!
Abdul buys all his machinery on credit. He provided the following information.
at 30 April 2020
$
at 30 April 2021
S
30 000
42000
machinery at cost
amounts owing to suppliers of machinery
19000
?
During the year Abdul paid $25000 to the suppliers of his machinery.
How much did he owe them on 30 April 2021?
A
$6000
B
$13 000
C $17000
D
$32000
The Answer to this is $6,000.
Because the machine went up $12000, you would add $12000 to the 19000
making it 31000.
31000-25000=6000
Use the sum-of-year depreciation method to calculate the depreciation for the
following scenario. Company XYZ bought a new machine for $100,000 and
expects the machine will last for 10 years.
Answer:
20%
Explanation:
How to Calculate Straight Line Depreciation
The straight line calculation steps are:
Determine the cost of the asset.
Subtract the estimated salvage value of the asset from the cost of the asset to get the total depreciable amount.
Determine the useful life of the asset.
Divide the sum of step (2) by the number arrived at in step (3) to get the annual depreciation amount.
Straight Line Example
Company A purchases a machine for $100,000 with an estimated salvage value of $20,000 and a useful life of 5 years.
The straight line depreciation for the machine would be calculated as follows:
Cost of the asset: $100,000
Cost of the asset – Estimated salvage value: $100,000 – $20,000 = $80,000 total depreciable cost
Useful life of the asset: 5 years
Divide step (2) by step (3): $80,000 / 5 years = $16,000 annual depreciation amount
Therefore, Company A would depreciate the machine at the amount of $16,000 annually for 5 years.
The depreciation rate can also be calculated if the annual depreciation amount is known. The depreciation rate is the annual depreciation amount / total depreciable cost. In this case, the machine has a straight-line depreciation rate of $16,000 / $80,000 = 20%.
The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equilibrium price and quantity. To which point will the equilibrium shift if the demand increases suddenly because of a non-price determinan
t of demand?
Answer:
yes
Explanation:
Answer:
Point "B"
Explanation:
The following rule of thumb is to follow your equilibrium point. D2 "Demand Curve 2" and S1 "Supply Curve 1" illustrates how demand increases because of a non-price determinant.
HURRY!! Sarah is working at a daycare center. She just thought of a way to streamline the way parents drop off and pick up their children. When she mentions her idea to the director, he asks her to present it at the next staff meeting. What aspect of a good professional relationship is the director demonstrating?
Group of answer choices
Trust
Respect
Boundaries
Diversity
Answer:
Explanation:
Trust
Which economic system do you think is best able to provide for the wants and needs of individuals and why?
Answer:
Economics
the study of how individuals, families, businesses, and societies use limited resources to fulfill their unlimited wants
Labor
the work people do
Goods
tangible items that people buy
Capital
manufactured goods used to make other goods and services
Factors of production
land, labor, and capital
Productivity
the amount of output that results from a given level of inputs
Entrepreneurship
the ability of individuals to start new businesses, introduce new products and processes, and improve management techniques
Scarcity
a situation in which people do not have enough resources to satisfy every desire
Services
activities done for a fee
Economic model
a simplified representation of the real world
Factors of production include which of the following?
Explanation:
Which are examples of copyrighted online materials? Check all that apply.
an article from an Internet magazine
lyrics for a song written in the 1800s
photos taken by a student on his blog
a video game that is free for anyone to copy
an illustration sold by an artist on her website
an excerpt from a novel published in 1913
Answer:
a and d
Explanation:
Answer:
A & E
Explanation:
edge test
When a consumer optimizes his / her satisfaction at a point at which an indifference curve is tangent to the budget constraint,
When a consumer optimizes his/her satisfaction at a point at which an indifference curve is tangent to the budget constraint: the consumer can increase his/her satisfaction only by increasing his/her income. The correct option A.
1. An indifference curve represents various combinations of goods that give the consumer the same level of satisfaction or utility.
2. The budget constraint represents the limit of the consumer's spending ability, based on their income and the prices of the goods.
3. When the consumer optimizes their satisfaction, they choose a consumption bundle that maximizes their utility, subject to their budget constraint.
4. At the optimal point, the indifference curve is tangent to the budget constraint, meaning that the consumer is consuming goods at the highest possible level of satisfaction within their budget.
5. Since the consumer has already maximized their utility within their budget, the only way to increase satisfaction is by increasing their income, which would shift the budget constraint outward and allow for higher consumption possibilities.
To know more about indifference curve, refer here:
https://brainly.com/question/24261444#
#SPJ11
Complete question:
when a consumer optimizes his/her satisfaction at a point at which an indifference curve is tangent to the budget constraint
a. the consumer can increase his /her satisfaction only by increasing his /her income.
b. two indifference curves will intersect at the tangency point.
c. the consumer cannot increase his/her income.
d. the consumer is likely to be at a sub-optimal level of consumption.
The concession stand at the local high school sells pretzels and lemonade. The total cost of two pretzels and a lemonade is $5. 75. The total cost of two lemonades is $0. 25 more than the cost of a pretzel. What is the cost of a pretzel? $1. 25 $2. 00 $2. 25 $2. 75.
The cost of a pretzel at the local high school concession stand is $2.25.
The cost of a pretzel at the local high school concession stand can be determined using the given information. The total cost of two pretzels and lemonade is $5.75, while the total cost of two lemonades is $0.25 more than the cost of a pretzel. By solving the equations, it is possible to find the cost of a pretzel.
Let's assume the cost of a pretzel is x dollars. According to the given information, the total cost of two pretzels and lemonade is $5.75. This can be represented as 2x + 1.25 = 5.75 (since the total cost of two lemonades is $0.25 more than the cost of a pretzel). Simplifying the equation, we get 2x = 5.75 - 1.25, which is equal to 4.50. Dividing both sides of the equation by 2, we find that x, the cost of a pretzel, is 2.25.
To learn more about concession click here:
brainly.com/question/31674265
#SPJ11
congress controls the bureaucracy through all of the following except
Congress controls the bureaucracy through several mechanisms, but there are certain methods that do not directly involve congressional oversight. One of these is direct executive control.
While Congress has significant influence over the bureaucracy, it is primarily through legislative powers such as oversight hearings, budgetary control, confirmation of appointments, and passing laws that shape the powers and responsibilities of the executive agencies. These mechanisms allow Congress to hold the bureaucracy accountable, ensure transparency, and shape policy implementation.
However, direct executive control falls under the purview of the President rather than Congress. The President exercises control over the bureaucracy through appointments of agency heads, issuing executive orders, setting policy agendas, and directing agency activities.
To know more about bureaucracy, click here, https://brainly.com/question/3950164
#SPJ11
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
Read more about net income here:
https://brainly.com/question/28390284
#SPJ1
Prove you know what diminishing marginal utility is by creating an example of your own. Your example
cannot be food related.
Hi there, I'm not answering this question, sorry.
Your task clearly states you must think of your own example and prove what you know. That's why.
Please, if you're coming onto the Brainly website, at least improve your questions.
When interviewing job applicants, Marci shares the many perks of the organization but also mentions the challenges and potential pitfalls associated with the position. Marci's assessment is an example of a(n) EEO compliance. 360-degree appraisal. background check. realistic job preview. position analysis.
Answer: realistic job preview
Explanation:
Realistic job preview is used by companies and organizations in order to tell prospective employees the good and bad features of the job
The purpose of this is to make sure that the new worker fully knows what the job requires. It also help build mutual trust with the workers.
When planning for starting your career, what can you do to stay resilient?a. Identify your options.b. Create your action plan.c. Know that it takes time to find a job.d. Explore conditions in your target field.
The answer is option c. Know that it takes time to find a job. When planning for starting your career, know that it takes time to find a job. Employees that are resilient become more competitive on the job market, and approach obstacles with an open mind.
Which usage of the term "employee" is more appropriate?Employees are people who carry out specific tasks for a business in exchange for regular pay. Employers and employees frequently come to an agreement on a wage and benefit packages, such paid time off and overtime.
What duties does an employee have?They ought to directly complete the task for which they were compensated. Employees should be diligent and serious about their work to avoid endangering themselves or others.
To know more about Employees visit:
https://brainly.com/question/21847040
#SPJ1
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Each of four siblings (Anita, Tony, Maria, and Jose ) is given P^(5000) to invest in the stock market. Each chooses a different stock. One chooses a utility stock, another an automotive stock, another a technology stock and the other an oil stock. From the following clues determine whic
1. Anita chooses the technology stock.
2. Tony chooses the utility stock.
3. Maria chooses the automotive stock.
4. Jose chooses the oil stock.
Therefore, the stock choices for each sibling are:
- Anita: Technology stock
- Tony: Utility stock
- Maria: Automotive stock
- Jose: Oil stock
it seems that the clues you mentioned are incomplete or missing. Without the complete set of clues, it is not possible to determine which sibling chooses which specific stock.
If you can provide the full set of clues or any additional information, I'll be happy to assist you further in solving the puzzle.
Learn more about information here:
https://brainly.com/question/33317844
#SPJ11
URGENT!!! When payroll expenses are journalized, the payroll tax expense is entered as ___.
A. a debit
B. neither a debit nor a credit
C. a credit
D. a debit and credit
When payroll expenses are journalized, the payroll tax expense is typically entered as a debit.
Therefore, the correct answer is A. a debit.
\(\huge{\mathfrak{\colorbox{black}{\textcolor{lime}{I\:hope\:this\:helps\:!\:\:}}}}\)
♥️ \(\large{\underline{\textcolor{red}{\mathcal{SUMIT\:\:ROY\:\:(:\:\:}}}}\)
A company sold the personal data of their customers to insurance cor generating revenue. After it was reported, the manager insisted that
• He has not done anything wrong • Everybody in the business is doing it • Has a duty to run a profitable operation • Revenue for the company . Express your views on the manager's comments based on: a) Relativism: b) Deontology: c) Consequentialism: d) Utilitarianism: e) The Kantian Theory:
The company selling personal data of its customers to an insurance company to generate revenue is an unethical business practice. The manager insisted that he has not done anything wrong and everybody in the business is doing it and has a duty to run a profitable operation.
The comments of the manager can be viewed based on several ethical theories, which are discussed below:a) Relativism:According to relativism, what is morally right or wrong depends on the cultural norms and values of the society. However, selling personal data of customers is not acceptable in any society or culture. Therefore, the manager's comments are not justified by relativism.b) Deontology:Deontology is based on the principle of moral duty.
The duty of the company is to protect the personal data of customers, which the company has violated. Therefore, the manager's comments are not justifiable by the deontological theory.c) Consequentialism:Consequentialism judges the morality of an action based on its outcome. .d) Utilitarianism:Utilitarianism judges the morality of an action based on its ability to provide the greatest happiness to the greatest number of people. Selling personal data of customers is not morally justifiable since it violates the privacy of the customers.
Therefore, the manager's comments are not justifiable by utilitarianism.e) The Kantian Theory:According to the Kantian theory, people should be treated as ends in themselves and not as means to an end. Selling personal data of customers for generating revenue is not justifiable since it treats the customers as means to an end. Therefore, the manager's comments are not justifiable by the Kantian theory.
Learn more about selling personal data here:https://brainly.com/question/29909945
#SPJ11
T/F Those who classify themselves as underemployed are includedin the unemployment rate.
The given statement those who classify themselves as underemployed are included in the unemployment rate is False.
The underemployed are not typically included in the official unemployment rate. The unemployment rate measures the percentage of the labor force that is actively seeking employment but unable to find it. It does not account for individuals who are employed part-time but desire full-time employment or those who are working in jobs below their skill level.
However, underemployment is a significant issue that affects many individuals and can have negative economic and social consequences. It is often measured separately from the unemployment rate through alternative indicators such as the underemployment rate or the U-6 rate, which includes part-time workers seeking full-time employment and those marginally attached to the labor force.
It's important to note that specific statistical methodologies and definitions may vary by country or institution, so there might be variations in how underemployment is measured and reported.
Therefore, the given statement is false.
Learn more about underemployed here
https://brainly.com/question/32370805
#SPJ4
Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
Learn more about the satisfaction of customers, here:
https://brainly.com/question/28387894
#SPJ2
what event caused the us to shift its focus from foreign expansion and markets to domestic affairs by the 1860s?
The Civil War and Reconstruction aused the us to shift its focus from foreign expansion and markets to domestic affairs by the 1860s.
Reconstruction is the time period (1865–1877) that followed the American Civil War, during which efforts were made to address the injustices of slavery and its political, social, and economic legacies as well as to find solutions to the issues brought on by the readmission to the Union of the 11 states that had seceded at or before the war's outbreak. Reconstruction was once widely perceived by historians as a period when vengeful Radical Republicans imposed Black supremacy on the victorious Confederacy, but since the late 20th century, this perception has changed to one that more favourably portrays it as a laudable example of interracial democracy. America's political landscape underwent significant shifts during reconstruction.
The federal government's structure and the meaning of citizenship in America were permanently transformed at the national level by new laws and constitutional amendments. The Republican Party came to power in the South with the help of a politically active Black population and white supporters, which led to a redefining of the roles of government.
To know more about US Foreign expansion visit:
https://brainly.com/question/15658892
#SPJ4
Select the best alternative for the following questions:
i. Which of the following transactions are not recorded in book keeping?
a) Sold Goods on Credit.
b)
Introduce capital in the business.
c) Resignation of marketing manager.
d) Drawing cash from business for personal use.
..
Answer:
c. the resignation
Explanation:
this would not affect the bottom line of the company and is therefore irrelevant
rising reserve requirements, other things being equal, would tend to:
Rising reserve requirements, other things being equal, would tend to decrease the money supply, which could lead to higher interest rates and slower economic growth.
As a result,This is because the decrease in lending capacity could make it more difficult for businesses and individuals to borrow money, which would limit their ability to spend and invest.Rising reserve requirements are a monetary policy tool that can be used by central banks to influence the money supply and control inflation.
When reserve requirements are increased, banks are required to hold a higher percentage of their deposits as reserves, reducing the amount of money they have available to lend.However, rising reserve requirements could also have a positive impact on the economy by helping to control inflation. By reducing the amount of money in circulation, the central bank can help prevent prices from rising too quickly, which could damage the economy in the long run.
To know more about rising reserve requirements click here
brainly.com/question/31663980
#SPJ11
A simple machine has efficiency 90%.What does it mean?No machine has 100%efficiency,Why?
Answer with explanation:
1) it means tht the machine can do it's work in a 90% in a good way
2) no machine is free from the effects of gravity, and even with wonderful lubrication the energy a machine produces is always less than the work put into it that's why 100% efficency isnt possible in machines.
Best of luck!!!
Why do lenders require collateral for a secured loan? (10 points)
A) It reduces risk to the lender
B)It eliminates interest charges
C) It reduces the cost of the financed good
D) It protects consumers from loss
Answer:
A) It reduces risk to the lender
Explanation:
Collateral refers to a valuable asset that a borrower offers to the lender to secure a loan. Typically, the collateral will have a higher market value than the loan amount. Asset mostly used as collateral include homes, properties, and motor vehicles. The lender will keep custody of the title documents until the borrower repays full amount borrowed.
Offering collateral for a loan indicates the borrower's willingness to repay the loan. The lender is assured of recovering their money. If the borrower defaults, the lender will dispose of the collateral to recover their money. This reduces the lender's risk.
Answer:
A) it reduces risk to the lender
Explanation:
I just took the quiz and got it right.
Luma Inc. has provided the following data concerning one of the products in its standard cost system.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials4.8 ounces$6.90 per ounceThe company has reported the following actual results for the product for September:Actual output2,100unitsRaw materials purchased10,500ouncesActual price of raw materials$7.80per ounceActual cost of raw materials purchased$81,900Raw materials used in production10,090ouncesThe raw materials quantity variance for the month is closest to:A) $69 FB) $78 FC) $69 UD) $78 U
Answer: $69 U
Explanation:
Firstly, based on the information given, we need to calculate the standard usage which will be:
= Actual output × Standard Qty/hours per unit
= 2100 x 4.8
= 10,080
Therefore, the raw material quantity variance will be:
Raw material usage in production = 10,090 ounces
Standard usage = 10,080
Standard Price = $6.90
Then, the raw material quantity variance will be:
= (Actual usage in units - Standard usage in units) x Standard cost per unit
= (10,090 - 10,080) x 6.9
= 69621 - 69552
= 69U
Question 14 Not answered Marked out of \( 1.00 \) P Flag question What TWO things are defined by the Scrum Framework? Select one or more: a. Rules and roles b. Document guidelines c. Artefacts and eve
The Scrum Framework defines both the rules and roles involved in the Scrum process, as well as the artefacts and events used throughout the framework. Therefore, choice 5 i.e A & C is correct.
Scrum describes rules that guide the framework, such as master, product owner, and development team roles. Demonstrate responsibilities and interactions between these roles to ensure effective collaboration and project management.
Scrum defines specific artifacts such as product backlogs, sprint backlogs, and increments that are used to manage the product development process.
Which includes various events such as Sprint Planning, Daily Scrum, Sprint Review, and Sprint Retrospective to facilitate communication, feedback, and progress tracking within the Scrum framework.
To learn more about Scrum Framework:
https://brainly.com/question/28750057
#SPJ4
The complete question is:
What is defined by the Scrum Framework?
A) Rules & Roles
B) Document guidelines
C) Artifacts and events
Choice-1: A
Choice-2: B
Choice-3: C
Choice-4: A, B ,C
Choice-5: A, C
HELP PLEASE
What should happen after one determines a company's quality control process
meets the company's quality standards?
Each member of the quality control team must confirm that the process is
effective before the process can become permanent.
An internal team should review the results of product testing and look for ways
to refine and improve upon the quality control process.
An internal team should review the results of product testing and sign off on the
process to confirm it is effective.
The process should not be revised again.
Answer:
It should be "An internal team should review the results of product testing and look for ways to refine and improve upon the quality control process."
Explanation:
When one determines a company's quality control process meets the company's quality standards then an internal team should review the results of product testing and look for ways to refine and improve upon the quality control process. The correct option is b.
What is quality control?Quality control is a critical component of a well-run business. A quality control program helps ensure your small business delivers a consistent product, service and customer experience.
In addition, developing quality control processes allows the business to operate without someone's daily presence, so expanding to new locations, delegating responsibilities and even selling the business when the time comes is easier. Business growth requires paying careful attention to dollars and people, and quality control helps ensure we are monitoring both. If the products or services are of poor quality, we will spend a lot of time and money redoing them, cutting your profit margins.
Quality control processes can be used in all types of companies, whether they are product-based or service-based, B2B or B2C.
Learn more about quality, here:
https://brainly.com/question/18376767
#SPJ2
Which antibody is has low affinity for antigens but forms a pentameter to increase binding and produce aggregates?
IgM is an antibody that has low affinity for antigens but forms a pentamer to increase binding and produce aggregates, enhancing the immune response.
The antibody that has low affinity for antigens but forms a pentamer to increase binding and produce aggregates is the IgM antibody. IgM is the first antibody produced during an immune response and is responsible for initiating the complement cascade, which helps to destroy pathogens.
IgM has low affinity for antigens because its binding sites are less specialized compared to other antibodies. However, to compensate for this, IgM forms a pentamer structure by linking five antibody subunits together. This pentamer structure increases the number of binding sites available, allowing IgM to bind to multiple antigens simultaneously.
By forming aggregates, IgM enhances the immune response by clustering antigens together, making it easier for other immune cells to recognize and eliminate them. This is particularly important for large pathogens or cells, as IgM can create a crosslinked lattice that immobilizes them, preventing their spread.
Learn more about antibody
https://brainly.com/question/13299860
#SPJ11
The antibody that has a low affinity for antigens but forms a pentamer to increase binding and produce aggregates is the IgM antibody. IgM antibodies are the first type of antibodies produced during an immune response.
They are composed of five individual antibody molecules joined together, forming a pentamer structure. This pentamer allows for increased binding capacity to antigens, even though each individual antibody has a low affinity for antigens. The binding of multiple IgM antibodies to an antigen forms aggregates, aiding in the elimination of pathogens. IgM antibodies are particularly effective in neutralizing viruses and initiating complement activation.
To know more about antibody visit-
brainly.com/question/445604
#SPJ11
A firm's demand for labor is known as a derived demand because the firm gains utility from hiring more labor the firm gains utility from hiring more labor A the wage rate paid to workers depends on the demand for labor the wage rate paid to workers depends on the demand for labor B the amount of labor demanded depends on the amount of capital invested the amount of labor demanded depends on the amount of capital invested C the amount of labor demanded depends on the demand for the firm's product the amount of labor demanded depends on the demand for the firm's product D the firm will benefit from hiring additional labor
Answer:
The correct answer is the option C: The amount of labor demanded depends on the demand for the firm's product.
Explanation:
To begin with, in the microeconomics theory we can find the answer to the question base upon the fact that the "derived demand" of labor is known like that because it will always depend on the amount of output that the company sells. Therefore that the amount of labor hired is derived from the amount of product sold. Understanding that if the company sells more of its product then it will hire more workers in order to increase the offer, according to basic supply laws. And that is why that obviously the demand ends up being dependent from the demand of the product itself.