Genetech corp. has invested heavily to develop a patented new product. Genentech wants to achieve a rapid return on its investment. it probably should set a profit maximization.
Profit maximization in economics refers to the short- or long-term process through which a corporation chooses the price, input, and output levels that result in the largest profit. The firm is typically modelled as maximizing profit in neoclassical economics, which is currently the dominant approach to microeconomics.
Economic and social well-being are indirectly influenced by the profit maximization idea. A company uses and allocates resources effectively when it is profitable, and this results in payments for capital, fixed assets, labour, and organization. Economic and social welfare is achieved in this way.
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The correct answer for this question is this one:
The correlation between money supply and economic growth is directly related because the as the number of money of supply increases, the significance to that with the economic growth is that there is progress. Hope this helps
Answer:
C) Cash...........................600,000............Unearned Subscription Revenue.....600,000
Explanation:
January 31: 60,000 subscriptions sold
- Dr Cash account 600,000
- Cr Unearned Subscription Revenue account 600,000
Since cash is an asset account and it increases, then it should be debited.
Unearned revenue is a liability account, since the company received money in advance for future publications. When liabilities increase, they should be credited.
Bobby is the person on the team who receives the lowest customer service ratings. This problem can be solved by using a simple logic of a sentence sequence. In this sequence, Bobby has never outperformed anyone and Hector has outperformed everybody in the statement. Therefore, we can conclude that Bobby has the lowest rating of all.