Many companies make other goals a priority over profit maximization. Additionally, some aspects of running a business that meets social and environmental obligations take away from the sole focus of profit maximization.
<h3>Answer:</h3>
Under the periodic inventory system.
What is periodic inventory system?
Under the periodic inventory system, the cost of goods sold determined at the end of an accounting period by adding the net cost of goods purchased to the beginning inventory and subtracting the ending inventory.
When a market is experiencing low competition, firms can recover research and development costs by using a skimming price strategy.
<h3>What is a skimming price strategy?</h3>
This refers to when companies sell goods at a high price because there isn't much competition.
As other suppliers enter the market and the competition increases, the companies will then reduce their prices.
Find out more on skimming prices at brainly.com/question/14228569
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Answer:
Yes
Explanation:
Based on the information provided within the question we can say that Yes, the dealership is contractually bound to sell Mike the car at that price. This is assuming that the ad handed to the dealership by Mike is an actual ad that was designed and published by the dealership. If this is the case the dealership must uphold their price or it will be considered false advertisement and Mike would have a basis on which to sue the business.
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Answer:
clinical psychologists
Explanation:
According to my research on different fields of psychology, I can say that based on the information provided within the question Nico aspires to be a clinical psychologists. This is a branch of psychology that focuses on diagnosing and treating mental, emotional, and behavioral disorders on different individual in order to help them by diagnosing and providing a solution.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
