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
I think it’s higher
I might be wrong
Answer:
hope you like it
Explanation:
failure to communicate clearly
: failure to communicate clearly There was miscommunication between the reporter and her editors.
Miscommunication is a failure to get a message across or lack of clear communication. When you leave a message for someone and it doesn't get recorded properly, this is an example of a miscommunication.
