26. I beg your pardon of the complying with statements about profit maximization is true?a. That is something the all firms actually do.b. That is something i m sorry economists believe that every firms actually do.C that is what economists believe is the most usual aim that firms.d. It means that no firms ever make losses.

You are watching: Which of the following statements is true about businesses and profits?


Want to watch this answer and also more?

Experts room waiting 24/7 to administer step-by-step services in as fast as 30 minutes!*

See Answer
*Response times may vary through subject and also question complexity. Median an answer time is 34 minutes for paid subscribers and also may be much longer for advancement offers.

Q: Why might Belgium, France, Italy, and Sweden have actually a higher export come GDP proportion than the joined State...

A: Export to GDP proportion = just how much a nation exports/country's GDP The main reason behind this countri...


Q: „In a binding situation:Select onea. Changes in both the price level and also in the.Z factors readjust ...

A: Binding instance is provided as one expansionary financial by the main bank.


Q: Accurate air circulation measurement needs straight, unobstructed pipe because that a minimum that 10 diameters ups...

A: a. Table 1 mirrors the cash circulation of various models.


Q: Explain in information the procedure of monetary Policy infection of an increase in the cashinterest ra...

A: The influence of boost in cash rate is stood for as follows:


Q: AE,2005045°200Aggregate calculation ($ millions)Figure 8.11Refer to number 8.11. A $20 million dec...

A: Click to check out the answer


Q: Suppose that 2 players are bargaining end the circulation of $1,000 in i beg your pardon payoffs must be in ...

A: Yes, this game have a Nash equilibrium. Any combination of bids (a, b) whereby ‘a’ is the bid that play...


Q: Q9: Mr. Jasem has actually 30 fruits, 18 that them are apples and 12 are oranges. His girlfriend Waseem has actually 20 frui...

A: Mr Jasem has 30 fruit (18 apples & 12 Orange) for this reason the proportion of Apple to orange is 3:2. As the ra...


Q: The aspect leading to company cycles in the realbusiness cycle concept is stood for by changesin...

A: Business cycles in an economic situation has phases the high or low level of economic activities. A common busi...


Q: When the aggregate supply curve isprice of determinants of production is fixed, with littleor no upward...

A: accumulation supply curve represents the full supply that goods and also services by all firms in an economy...


Q: When the basic price level fallsSelect one:a. Investment falls as a an outcome of the genuine wealth ef...

A: The real wealth effect defines that if the price level decreases, climate the purchasing power of the ...


Q: Consider the PPF the a country with movies on the horizontal axis and also computers ~ above the vertical axis....

A: Production possibility frontier or the PPF curve shows the combination of the two products that t...


Q: To calculate a firm's per unit of calculation profit, the is vital to subtractSelect one:a. Cost per...

A: Hey, say thanks to you for the question. According to our policy, we deserve to only prize 1 question per session....


Q: 13

A: In the offered market price of calzones in a college town which is raising consistently and the f...


Q: is contra proferentem defensible nowadays

A: It is a legitimate doctrine in ~ the contract law that can further relate v the clause thought about to...


Q: True or False, the accumulation supply curve is a probably thought of as a price/output an answer curve

A: Aggregate supply refers to the total value the goods and services obtainable for purchase at a particu...


Q: The Australian office of Statistics freshly reported a adjust in unemployment rate from 5.2% to 6.2...

A: Unemployment arise once a human is actively searching because that work however not able to discover one. Unemployme...


Q: Refer come the information provided in Table 8.9.below come answer the inquiries that followTable 8.9...

A: We understand that unplanned perform is the difference in between the inventory the is needed and the inve...


Q: Based solely on the information provided below, characterize the demands for the complying with goods together ...

A: Price elasticity of need is supplied to measure the an answer in demand to a adjust in price that a great ...


Q: If the MPS is 0.1 , then the multiplier is 10 .true or false?

A: MPS is the marginal propensity to save: it is the percentage of extra addition to the earnings which h...


Q: Which the the following is shared by both monopolistically competitive markets and also prefectly competit...

A: Monopolistic competition: It is a industry structure defined by the existence of a huge numbe...


Q: You room a well-paid engineer with a well-established worldwide corporation. In planning because that your...

A: Click to check out the answer


Q: Identify the compounding duration for the adhering to interest statements: (a) 1% per week; (b) 2.5 % pe...

A: (a) Interest rate is 1% every week, it shows that interest rate is calculated once in a week. Th...


Q: Aggregate need increases if:Select onea. The Fed rises the compelled reserve.ratio.b. The g...

A: Aggregate demand increases if the federal government decreases taxes. The is, the decrease in tax price lead...


Q: Why business economics is a appropriate subject, and also why it's important?

A: Economics is an important subject because that individuals, societies, governments, businesses and also individual...


Q: Question 1Consider the complying with game. Player 1 has actually 3 action (Top, middle,Bottom) and player 2 has...

A: In this case, we will begin by removed the strategies.For player 2 we have the right to see that:He will cho...


Q: Define the budget deficit.

A: A budget plan is a financial record of the economy. This has the intended revenue the the governmen...


Q: Please answer adhering to questions based on Exhibit 3.a. At a rental price of $1,000 every month, is th...

A: a.The sector equilibrium is derived at the intersection that the market need curve and also the sector ...


Q: can you explain what generational poverty is and also how it deserve to be solved?

A: Generational poverty is an extremely bad instance of the civilization who space living in a poverty case at le...


Q: All else equal, when output is low, the Fed favorsa greater interest price than it would in a high-o...

A: The fed is the main bank of the US economic situation which has attributes such as keeping the money supp...


Q: n A seller in a perfectly competitive market can increase his profit in the brief run by:Increasmg ...

A: Perfect competition is characterized by countless buyers and also sellers, sellers are creating identical goo...


Q: What is the discount element in bargaining games without impatience?

A: The discount aspect (δ) denotes just how much the future payoff values at the present time period which w...


Q: Consider the common moral the stealing is wrong. Hector is v a group of friends in a local super...

A: Three plot that have the right to be taken:Avoidance of self serving come greedy people and those who are aimed...


Q: i need aid with this macroecon inquiry 6

A: According to the given information, if the price of bracelets falls, making of earrings will come to be ...


Q: In a closed economic climate with a public ar prove the S + T = ns + G

A: When an economic situation is closed every the transactions wake up in economy only. Over there is no transactions and...


Q: how have the right to i deal with this trouble - You own a building that has actually two feasible uses: a grocery store, and also a...

A: value of Grocery keep = $7000value of clothes store = $10,000Opportunity price = Return on best a...


Q: The aggregate supply curve is probably better thought of as a price/output an answer curve.Select on...

A: Aggregate supply describes the full value that goods and services obtainable for acquisition at a particu...


Q: The Toro firm is broadening its El Paso, Texas plastic molding plant as it proceeds to deliver w...

A: Click to see the answer


Q: Everything else hosted constant, a decrease in netexportsSelect one:aggregatea. Increases; supply...

A: Aggregate demand curve to represent the total quantity of an economy's last goods and services demand...


Q: Refer come Table 8.9. The equilibrium levelof accumulation output isSelect one:

A: Aggregate calculation is characterized as sum of every the goods and services which are developed in an economic climate in...


Q: At a price that $25,000, producer of midsized automobiles are willing to manufacture and also sell 75,000 ...

A: Elasticity of supply is offered by the following formulae.


Q: Which that the adhering to lists two points that both rise the money supply?a. The Fed buys binding a...

A: The correct choice is b.


Q: Create log(u^2 ) by first squaring the OLS residuals and then acquisition the herbal log.

See more: Get More Money Than You - Gettin Mo Money Than You

A: u 2 deserve to be written as:u 2 = ò2 exp(§0 + §1x1 + §2x2 + … + §k xk)vwhere, ò is the variancex1, x2, ...