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
Answer:
I'm not sure what you mean can you explain
Explanation:
Innovation through digitalization. In which it is expected that the products are easy and fast access, so that they can be accessed from any computer connected to an internet network. For example, online purchases and digital banks.
In 2009, Florida said that alcohol caused 2931 cases of property damage only, 371 crashes were fatal, 2534 caused injury.
