Economists normally assume that the goal of a firm is to earn

Social Studies

1 answer:

Elis [28]3 years ago

8 0

Answer:

(i) profits as large as possible, even if it means reducing output.

Explanation:

Profit maximization is a premise of firm theory in microeconomics. This is done by minimizing costs and rationalizing the quantity against the market price. Thus, eventually a company can maximize its profits by decreasing the amount produced. It will all depend on the cost structure and the market price. For example, if a firm produces 50 ice creams with a profit of $ 100. Depending on the cost and price structure, this firm may maximize its profit by lowering the quantity of ice cream to 25 and making it 70. In this case, the cost of production decreased more than proportionally to the quantity sold, and profit was maximized.

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Public policy is best defined as a) promotion of the common good through regulatory instruments. b) deconstructing a policy issu

just olya [345]

Answer: <em>Option (C)</em>

Explanation:

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Which of the following was NOT a direct American response to the attack on Pearl Harbor?

kramer

Answer:

C. Women took jobs in factories

Explanation:

When The Attack on Pearl Harbor ended, Americans responded by getting volunteers for planting victory gardens to help prevent food shortage and help many U.S. soldiers and allies. After the attack on pearl harbor, the U.S. is capturing Japanese Americans and took them to internment camps and treated them with hatred and fear. During WWII the U.S. asked women to work in factories to build ships, planes, munitions, and trains.

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3 years ago

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Which research technique would most likely be used by a symbolic interactionist?

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Studies that use the symbolic interactionist perspective are more likely to use qualitative research methods, such as in-depth interviews or participant observation, because they seek to understand the symbolic worlds in which research subjects live.

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2 years ago

MULTIPLE CHOICE QUESTION

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Rock and mountain correlation are evidence for continental drift because Fossil correlation and mountain correlation are both evidence for Continental Drift.

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