Answer:
The correct answer is the option C: earn positive economic profits.
Explanation:
In microeconomics, all the companies in a perfectly competitive industry at the short-run might <em>earn positive economic profits due to the fact that at short-term many companies might leave</em> the industry in the case that they do not earn normal profits and that <em>causes that the companies that stay will earn positive economic profit</em>. In addition to that, at the long-run more companies will enter the industry and therefore all the firms might earn zero economic profit that is equal to normal economic profit.
The answer is adopting bylaws. In addition, unlike the articles of incorporation the bylaws are not public records and classically do not have to be gather in a line with any governmental unit. The bylaws will be accepted by the directors of the corporation at their first board meeting or accepted by the deed of incorporator and then accepted at the first board conference.
Answer: Marketing Strategy
Explanation: Marketing strategies are additional benefit a business owner creates in its business to make it different from others in the same industry and to make prospective clients permanent customers.
Marketing strategies gives the business a better edge in its industry as it gives the business better sales.
Answer:
The primary advantage they refer to is additional sales revenue.
Explanation:
Extending credit to customers is generally done through use of credit cards these days. This does allow the customers to buy goods and services on credit and pay later for those goods.
Offering credit is beneficial for both the shopkeepers or merchants and the buyers. Customers do not have to pay cash (as they can run out of cash at times), so they buy more and this increases the sales revenue for the merchants, which becomes the primary advantage for them and outweighs the costs.
