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
tresset_1 [31]
3 years ago
11

Economists assume that households try to maximize utility and firms try to: a. maximize sales. b. maximize the scale of operatio

n. c. maximize capital usage. d. maximize profits.
Social Studies
1 answer:
denis-greek [22]3 years ago
4 0

Answer:

D

Explanation:

The traditional objective of a firm is profit maximization. There exists alternative short run objectives such as sales maximization, sales revenue maximization, survival, satisficing profits, and ethical objectives.  Sometimes, there exists is a trade-off between these objectives as some of these objectives may lower profits in the short-term, but lead to profit maximization in the long-run; there is also likely to be the principal-agent problem if a firm pursues other obejctives aside from maximizing profit. Profit maximization is viewed as the utimate objective of the firm and can be derived using the Total Revenue (TR) and Total Cost (TC) approach or the Marginal Revenue (MR) and Marginal Cost (MC) rule.  Profit is maximized where theTR curve is at maximum (its highest point) at which MR is zero. Alternatively, using the MR/MC rule, profit is maximized where MR=MC.

You might be interested in
What allowed the land bridge over what is now the Bering Strait to form?
Rina8888 [55]
The 25 000 is a good tip: what happened then?

It was the time of the last Glacial Maximum (Ice age). So either the Bering Strait was frozen over at the time, or the sea water was lower because so much water was taken up by the glaciers (or, most likely, a combination of the two).
4 0
3 years ago
What kind of education do you need to be an aerospace engineer?
Tcecarenko [31]
Non- experienced aerospace engineers usually need to have a bachelors degree. If you want to become an aerospace engineer, you can take: chemistry, physics, math, algebra, trigonometry, and calculus.
5 0
3 years ago
Read 2 more answers
Identify the turning point (major historical event) that caused the change seen in this chart.
worty [1.4K]
Answer; between 50 and 100!
5 0
2 years ago
Compare the powers and structure of most state legislatures with that of Nebraska. How are they similar? How are they different?
Liono4ka [1.6K]
<h2>Nebraska's legislature is unique from all state legislatures in the nation because it has a single-house system. They are similar as all of them have Governors, legislatures, and courts.</h2>

Explanation:

The U.S. Congress and the legislatures of all U.S. states follow this bicameral structure, except Nebraska. Bicameral structure divides the regulation body into two separate groups.

These two bodies are two separate group who work in different chambers with different duration of time. Nebraska is the only state in the country that follows Unicameral legislature and was a model of an effective uni-house legislature.

Governor of all the state legislatures and Nebraska is chosen by popular vote with four-year terms. Each state has its own court system. Unicameral legislature uses more accurate and efficient system of lawmaking compared to bicameral legislature.

6 0
3 years ago
To prepare for a trial between Condo Development Corporation and Demo Construction Company, Condo's attorney places Demo's presi
Elenna [48]

Answer:

a deposition

Explanation:

Deposition refers to the procedure when via an oral testimony an attorney posing questions about the case and the deponent responding while the testimony is recorded by a court reporter or tape recorder. Deposition testimony is normally taken under oath in presence of lawyers of both sides to gather as much information about the lawsuit as possible and the deponent also sign affidavits certifying the authenticity of the corresponding printed report.

3 0
3 years ago
Other questions:
  • What's the answer to 5,6,7,8 please
    7·1 answer
  • What country lies between Croatia and Serbia?
    15·1 answer
  • Tutors for Students (TFS) is an organization with the purpose of offering free tutoring to older students. TFS does NOT expect t
    10·2 answers
  • What is the main difference between command and market economies?
    8·1 answer
  • Do you think that odors have volume?<br>​
    13·2 answers
  • After the battle of Bunker hill Green Howe and the British
    10·1 answer
  • Can i get you help please
    14·1 answer
  • Which of the following is NOT an example of checks and balances?
    14·1 answer
  • Why do you think people become archaeologists? why is it so exciting when new discoveries are made?
    12·1 answer
  • What is social studies ​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!