1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fgiga [73]
1 year ago
14

Discuss the implications of discarding the profit maximization assumption for the effectiveness and efficiency of the market sys

tem
Business
1 answer:
jasenka [17]1 year ago
4 0

The implications of discarding the profit maximization assumption for the effectiveness and efficiency of the market system relate to the imbalance of the economic laws of supply and demand, which is responsible for the sustainable functioning of the market.

<h3 /><h3>What are profit maximization assumptions?</h3>

It corresponds to the theory that the main purpose of a company is the maximization of profits, with decision making based on this purpose, identifying the best market opportunities and the strategy associated with this objective.

By developing a profit maximization strategy, companies become more competitive and aligned with demand and its characteristics, making the offer balanced, with the allocation of resources necessary for effective fulfillment of demand.

Therefore, the balance of supply and demand helps in sustainable production and pricing, developing the economy and the global market.

Find out more about profit maximization here:

brainly.com/question/13464288

#SPJ1

You might be interested in
How are you guys today?
lianna [129]

Answer:

alright... i guess

Explanation:

(:(

3 0
3 years ago
Grainger Company is a major automotive parts manufacturer operating in six countries. It has no restrictions on stock sales and
alisha [4.7K]

Answer:

The correct word for the blank space is: public.

Explanation:

A public corporation has sold stock through an<em> Initial Public Offering </em>(IPO) to the public and that stock is currently traded on a <em>public stock exchange</em> or the <em>Over-The-Counter</em> (OTC) market. The ability to sell public shares is very important to these businesses as it provides them with a source of capital for investment.

5 0
3 years ago
Market researchers often report discretionary income. Discretionary income is your disposable income minus your fixed expenses.
SOVA2 [1]

The percentage of the disposable income that is discretionary is equal to 30.82% if the amount left after fixed expenses is $900.

As the amount left after payment of the fixed expenses is $900, this is said to be the discretionary income because discretionary income is equal to the disposable income minus fixed expenses.

Now we can calculate the percentage of disposable income that is discretionary as follows;

percentage of disposable income that is discretionary = (discretionary income ÷ disposable income) × 100

% discretionary income = (900 ÷ 2,920) × 100

% discretionary income = 90,000 ÷ 2,920

% discretionary income = 30.82%

Hence, 30.82% of the disposable income is calculated to be discretionary if the disposable income is $2,920 and the amount left after payment of fixed expenses is $900.

To learn more about discretionary income, click here:

brainly.com/question/15814704

#SPJ4

3 0
1 year ago
Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $600,000. The stan
slamgirl [31]

Answer:

Standard activity level= 100,000 units

Explanation:

Giving the following information:

Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $600,000. The standard allows 1 direct labor hour per unit.

Standard activity level= 600,000/6= 100,000 units

3 0
3 years ago
To apply the dividend discount model to a particular stock, you need to estimate the ___
marshall27 [118]

To apply the dividend discount model to a particular stock, you need to estimate the Sum of Present Value of Dividends and present Value of Stock Sale Price. This dividend discount model or DDM model price is the stock's intrinsic value.

The dividend discount model is a quantitative method used for predicting the price of a company's stock based on the theory that its present-day price is worth the sum of all of its future dividend payments when discounted back to their present value.

If the value obtained from the dividend discount model is higher than the current trading price of shares, then the stock is undervalued and qualifies for a buy, and vice versa.

To learn more about dividend discount model here

brainly.com/question/23040788

#SPJ4

7 0
1 year ago
Other questions:
  • se the following information to determine the break-even point in units (rounded to the nearest whole unit): Unit sales 60,000 U
    14·1 answer
  • Supply chain management should begin with a focus on _______. a. the producer b. the marketing channel c. the customer d. the se
    9·1 answer
  • If the variable cost per unit increases by $1, spending on advertising increases by $1,600, and unit sales increase by 220 units
    6·1 answer
  • Assuming that a is positive, theories of short-run aggregate supply are expressed mathematically as a. quantity of output suppli
    15·1 answer
  • People with computer skills and strong backgrounds in mathematics and science will have key tools to succeed in the new global e
    10·2 answers
  • Why do you think effective planning is necessary in achieving our objectives?
    12·1 answer
  • Một hãng sản xuất có hàm cầu là:Q=130-10Pa) Khi giá bán P=9 thì doanh thu là bao nhiêu?Tính độ co giãn của cầu theo giá tại mức
    13·1 answer
  • Katrine doesn't understand all of the various aspects of automobile insurance and relies on her local independent State Farm Ins
    9·1 answer
  • Alicia Tax Services paid $690 to settle an account payable. Which of the following general journal entries will Alicia Tax Servi
    9·1 answer
  • Why do economists calculate gdp by both the expenditure approach and the income approach?.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!