Owners of firms understand that lower prices will attract more customers. Why can firms not always reduce prices until they incr
ease sales and profits? A. Consumers do not always like low prices. B. If marginal production costs exceed marginal revenues, the firm will suffer losses, not profits. C. If opportunity cost for the consumers exceeds the firm's production costs, there can be no profit. D. Owners will never reduce prices even when it means increased profits.
Jimmy Doolittle of the Doolittle raid attack Tokyo. Japan believed emperor was untouchable. When the operation was launched and was successful they immediately had a change of thought. There was no way the would be able to beat America.
The Sugar Boycott was led by members of the Quaker faith, including important female voices such as Elizabeth Heyrick from Leicester who recognised the ways in which the sugar trade was helping to support the slave trade.