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[Hardware] Global-Economics-for-Managers Latest Torrent, Reliable Global-Economics-for-Mana

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【Hardware】 Global-Economics-for-Managers Latest Torrent, Reliable Global-Economics-for-Mana

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WGU Global Economics for Managers (C211, UZC2) Sample Questions (Q12-Q17):NEW QUESTION # 12
In a monopoly, which statements are likely true? (Choose TWO.)
  • A. Entry is free in the long run
  • B. One seller offers a unique good with no close substitutes
  • C. Firms are price takers
  • D. There are barriers to entry into the market
  • E. Marginal revenue equals price
Answer: B,D
Explanation:
InGlobal Economics for Managers, monopolies are characterized bya single seller offering a unique product andstrong barriers to entry, making options A and B correct.
Monopolists face no close substitutes and can influence market prices. Barriers to entry-such as legal protections, resource ownership, or economies of scale-prevent competitors from entering the market.
Options C and D apply to perfect competition. Option E contradicts the definition of monopoly.
Thus, options A and B correctly describe monopoly characteristics.

NEW QUESTION # 13
What is the bandwagon effect?
  • A. The movement of investors in the same direction at the same time
  • B. The tendency of prices to return to equilibrium
  • C. Investors moving independently based on private information
  • D. Government intervention to stabilize markets
Answer: A
Explanation:
In Global Economics for Managers, the bandwagon effect refers to the movement of investors in the same direction at the same time, making option B correct. This phenomenon occurs when individuals follow the actions of others rather than relying solely on their own information or analysis.
The bandwagon effect is common in financial markets, particularly during asset bubbles or currency crises.
As more investors buy or sell an asset, others follow, reinforcing the trend regardless of underlying fundamentals. This herd behavior can amplify volatility and lead to mispricing.
Options A, C, and D do not describe collective investor behavior.
Thus, option B correctly defines the bandwagon effect.

NEW QUESTION # 14
In which situation is the contender strategy appropriate for responding to multinational enterprises (MNEs)?
  • A. There is high industry pressure to globalize, and competitive assets are transferable abroad.
  • B. There is low industry pressure to globalize, and competitive assets are customized to home markets.
  • C. There is high industry pressure to globalize, and competitive assets are customized to home markets.
  • D. There is low industry pressure to globalize, and competitive assets are transferable abroad.
Answer: C
Explanation:
InGlobal Economics for Managers, thecontender strategyis appropriate whenindustry pressure to globalize is high, but competitive assets are customized to home markets, making option B correct. This strategy is typically adopted by domestic firms facing strong competition from multinational enterprises (MNEs) in industries that are becoming increasingly global.
High pressure to globalize means that firms must compete on an international scale, often due to global customers, standardized products, or strong foreign competitors. However, when a firm's competitive assets- such as brand reputation, customer relationships, distribution networks, or regulatory knowledge-are deeply rooted in the home market, they are not easily transferable abroad. In this situation, the firm cannot immediately expand internationally without losing its competitive advantage.
Under a contender strategy, firms focus ondefending and strengthening their domestic positionwhile gradually upgrading capabilities to prepare for future global competition. This may involve improving efficiency, investing in technology, forming selective alliances, or learning from foreign competitors operating in the home market.
Option A describes conditions suitable for anextender strategy, where firms can leverage transferable assets internationally. Options C and D reflect low pressure to globalize and are more consistent with defender or dodger strategies rather than contender behavior.
Therefore, option B best captures the conditions under which the contender strategy is applied in response to MNE competition.

NEW QUESTION # 15
A country has experienced a decrease in inflation. What is the effect on the country's currency exchange rate?
  • A. It increases
  • B. It becomes unstable
  • C. It depreciates
  • D. It has no effect
Answer: A
Explanation:
In Global Economics for Managers, a decrease in inflation generally leads to an appreciation of a country's currency, making option C correct.
Lower inflation increases the purchasing power of a country's currency relative to others. As domestic prices rise more slowly than foreign prices, exports become more competitive, and demand for the currency increases. Under purchasing power parity, lower inflation is associated with currency appreciation.
Options A, B, and D contradict established exchange rate theory.
Therefore, option C is correct.

NEW QUESTION # 16
What is one example of something a copyright is used to protect?
  • A. The name of a brand
  • B. The shape of a new invention
  • C. The design of a logo
  • D. The content of a book
Answer: D
Explanation:
InGlobal Economics for Managers,copyrightis identified as a form of intellectual property protection that applies tooriginal works of authorship, making option A-the content of a book-the correct answer.
Copyright protects the expression of ideas rather than the ideas themselves.
Copyright protection typically covers literary works, music, films, software code, artistic creations, and other original content fixed in a tangible medium. It grants the creator exclusive rights to reproduce, distribute, display, and perform the work for a specified period. This protection encourages creativity and innovation by allowing creators to earn economic returns from their work.
Option B refers totrademarks, which protect brand names, symbols, and slogans used to distinguish goods or services. Option C, the design of a logo, is also generally protected under trademark law. Option D describes a patent, which protects new inventions, processes, or designs with functional utility.
Global Economics for Managersemphasizes that strong intellectual property protection is critical for firms competing in knowledge-intensive industries. Copyright protection, in particular, plays a key role in publishing, entertainment, and software sectors.
Therefore, option A correctly identifies an example of what copyright is used to protect.

NEW QUESTION # 17
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