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wariber [46]
2 years ago
12

The profit-maximizing rule leaves room for cases where it is both possible and reasonable for a firm to operate at a loss over t

he long run.
Business
1 answer:
Vinil7 [7]2 years ago
6 0

It is a false statement that profit-maximizing rule leaves room for cases where it is both possible and reasonable for a firm to operate at a loss over the long run.

<h3>What is a profit-maximizing rule?</h3>

The rule of profit maximization says that MC = MR where the MC means marginal costs and MR means marginal revenue.

As all costs are variable in the long run, then, a firm must always set its profit to zero by ceasing operation.

Therefore, It is false that profit-maximizing rule leaves room for those cases.

Read more about profit-maximizing rule

<em>brainly.com/question/16737525</em>

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Based on the limited amount of information provided, what would you guess is the social style of the buyer? how about the social
KengaRu [80]

Customer social style refers to the method customers use when interacting.

In terms of personality, communication style, behavior, mental processes, and decision-making methods, customers differ.

<h3>Who is a Customer ?</h3>

A person who purchases goods or services from a shop, eatery, or other retailer is referred to as a customer.

A customer is any person or organization that makes a purchase from another firm. Customers are essential to businesses because they provide revenue; without them, they could not run.

No matter what industry you are in or what kinds of goods and services you provide, your clients are the most important component of your organization. Without the customer, there are no sales. As a result, they are essential in developing your marketing strategy and messaging.

To learn more about Customer from the given link:

brainly.com/question/13472502

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8 0
2 years ago
The Nordstrom department store chain emphasizes the great lengths to which it goes in customer service. In fact, when it moves i
rosijanka [135]

Answer:

21

Explanation:

4 0
3 years ago
Read 2 more answers
When countries trade, their consumers have access to
irakobra [83]

Answer:When countries trade, their consumers have access to raw goods at cheaper prices, workers will produce better goods for export, and countries will become Richer..

4 0
3 years ago
Read 2 more answers
The total factory overhead for Big Light Company is budgeted for the year at $807,500. Big Light manufactures two different prod
Afina-wow [57]

Answer:

<u>Night Lights $ per unit  2.13</u>

<u>Desk Lamps $ per unit 8.50</u>

Explanation:

Determine total number of budgeted direct labour hours for the year

total number of budgeted direct labor hours for the year is calculated

= night lamp labor hours + desk lamp labor hours

= ( 60000 * 1/2 ) + ( 80000 * 2 )

= 30000 + 160000

= 190000

calculated the single plant wide factory overhead rate

factory overhead rate = total factory overhead / total number of budgeted unit

= 807500 / 190000

= 4.25 per labour hour

calculate factory overhead cost per each unit

night lamp = 4.25 * 1/2

= 2.13 per unit

desk lamp = 4.25 * 2

= 8.50 per unit

5 0
4 years ago
Delwazic Inc. is a multinational corporation (MNC) that creates products specialized for a few host countries. It manufactures b
GREYUIT [131]

Answer:

Delwazic Inc. is a multinational corporation (MNC) that creates products specialized for a few host countries. It manufactures berets in France, cowboy hats in the United States, bowlers in the United Kingdom, and bush hats in Australia. In this scenario, Delwazic Inc. is most likely a monopolist

Explanation:

A monopolist is solely responsible for sales of products to many buyers, such market is termed a monopoly market

4 0
3 years ago
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