<u>Answer:
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The original cause of the split between Shia and Sunni Muslims within Islam was the disagreement over who should lead the faith.
Option: (D)
Explanation:
- The major reason behind the division of Islam into two large sects was the difference of opinion regarding who was the true heir of Prophet Muhammad.
- A small faction believed that Ali, who was the son-in-law of Prophet Muhammad, is the only eligible person to succeed Prophet Muhammad. This faction later came to be known as the Shia Muslims.
- On the other hand, there was a large faction that believed that Prophet Muhammad's successor should be chosen from among his devoted followers. This faction came to be known as the Sunni Muslims.
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
