Answer:
B. (iii) only
Explanation:
Economists normally assume that the goal of a firm is to earn
(iii) revenues as large as possible, even if it reduces profits.
The reason for economist to normally assume the goal of a firm is to earn revenues as large as possible, even if it reduces profits, is that, while achieving more profit is what can make firm to keep running, there are times when rather than maximizing the profits alone, the economist look at the long run and seeks to generate more sales or total revenue, even if it decreases the profit generated, so as to increase the firm market share relative to its competitors.
Hence, economist seeks to maximize profits, while making higher number of sales.
In short, the seek the following:
1. Growth Maximization
2. Increasing Market Share
3. Satisfying Behavior
4. Maximizing Sales or Total Revenue
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Answer:
According to the information on the map, the natural resource that is found in both Mexico and Canada are:
Copper Iron and silver.
Explanation:
The reasons behind this answer are the following. In the first place, Silver is located in Ontario, Quebec, and New Brunswick in Canada, while in Mexico it is located In Jalisco, Aguas Calientes, and San Luis. Copper is found in basically all its territory but principally Ontario and Quebec. While it is found in San Luis and Oaxaca. Finally, iron is found in Quebec, New Foundland and Labrador in Canada, and San Luis, Oaxaca, and Michoacan. The three elements are found in both countries.
The turning point in the business cycle is called a recovery
