A firm will always prefer to make more profit rather than less. Do you agree with this
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
No this statement is not true that firm will always ...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Do you agree with this statement? All liabilities could be legally enforced in a court of law.
-
Do you agree with this statement: As price goes up, demand goes down? Explain your answer.
-
Do you agree with some accountants who argue that intangible assets have an indefinite life and therefore should not be subject to amortization? Explain.
-
Let a 0. Solve |x| = 3.
-
Build a WBS for one of the chapter case study projects other than asset management; either customer relationship management or Collection Management. The Project should use an iterative approach and...
-
Why do some capable members of an organization have low levels of self-efficacy?
-
The factor(s) considered in formulating the van der Waals equation is/are the (a) Intermolecular force of attraction (b) Excluded volume (c) Departure volume (d) Both (a) and (b).
-
Information related to Almond Co. is presented below. 1. On April 5, purchased merchandise from Morris Company for $23,000, terms 2/10, net/30, FOB shipping point. 2. On April 6, paid freight costs...
-
Imagine that you are the change manager for acompany that does business entirely via the Internet. The head development engineercalls to indicate he wants to make a small change to one of the...
-
A barbershop has the following demand for haircuts on Saturday, which is its busiest day of the week. Number of Haircuts Probability 20 ............... .1 25 ............... .3 30 ............... .4...
-
What is meant by the principalagent problem? Give two examples of this problem that you havecome across in your own experience.
-
A firm under monopoly or oligopoly that aims to maximize sales revenue will tend to produce more than a firm that aims to maximize profits. Does this conclusion also apply under (a) perfect...
-
Operating systems are said to be event driven. Explain what this means.
-
A merry go round rotates 2808 degrees per ride. How far would a rider seated 8 feet from the center of the merry-go round travel during the ride
-
A windmill has blades that are 14 feet long. If the windmill is rotating at 5 revolutions per second, find the linear speed of the tips of the blades in miles per hour.
-
I have a measurement of variable that is normally distributed with a mean of 2 0 and a standard deviation of 5 . What is the score associated with the 6 5 th percentile in the population if we appeal...
-
Using the TI - 8 4 calculator, find the area under the standard normal curve that lies between the following z values. Round the answers to four decimal places. ( a ) Find the area under the standard...
-
the volume, V of a cylinder is given by V = r 2 h . Suppose a cylinder is 3.00 cm tall and has a diameter of 5.6. Calculate the volume of the cylinder
-
Determine whether each of the following reactions favors the reactants, products, or neither.
-
The following exercises are not grouped by type. Solve each equation. x610x -9
-
In the year 2020, the economy produces 100 loaves of bread that sell for $2 each. In the year 2021, the economy produces 200 loaves of bread that sell for $3 each. Calculate nominal GDP, real GDP,...
-
Install on ubuntu , please provide a screenshot for each step 1)How to install base64 on ubuntu 2)What kind of analysis is performed by Cuckoo? How to install Cuckoo on ubuntu?
-
How do I access my computer files on Windows from Ubuntu? Google is not helping. I tried searching for it in Files on Ubuntu but all that were shown were Ubuntu files, not my computer files.
-
You throw a nerf basketball of mass 0.002 kg into the air. Att = 0, the ball leaves your hand. Att = 0.10 s, the net force on the b (-0.0203,-0.0248, 0) N, its velocity is (1.87, 0.84, 0) m/s, and...
Study smarter with the SolutionInn App