What are the three choices that profit-maximizing firms have to make?a. how much to demand, how to generate goods, and what to price outputted goods
b. how much to supply, how to produce output, and how much of each input to demand
c. how much to demand, how to produce input, and how much of each output to demand
d. how much to supply, how to market supplied goods, and how to advertise supplied goods

Answers

Answer 1
Answer: The right answer for the question that is being asked and shown above is that: "b. how much to supply, how to produce output, and how much of each input to demand." the three choices that profit-maximizing firms have to make are b. how much to supply, how to produce output, and how much of each input to demand

Related Questions

Aurora Corporation operated without insurance coverage for the first month of 2019. Then, on February 1, 2019, the company paid the $4,800 premium on a two-year insurance policy with benefits beginning on that date. The company uses the accrual basis. How much insurance expense will be reported on the company's income statement for the year ended December 31, 2019? a) $200 b) $2,200 c) $4.600 d) $4,800
The process of conducting business on an international scale is a part of _____. globalization Communism mercantilism Socialism
Thinking based on information is most closely associated with Use First for the ____________ Pattern.
Get Smart University is contemplating an increase in tuition to enhance revenue. If GSU feels that raising tuition would enhance revenue, it isa. assuming that the demand for university education is elasticb. assuming that the demand for university education is inelastic. c. assuming that the supply of university education is elastic. d. ignoring the law of demand.
When interpreting data, a marketing manager should know that A) Quantitative survey responses are valid, but qualitative research may not be valid. B) Recognize that outliers are routinely wrong and should be ignored and discarded. C) Leave it to the technical specialists to draw the correct conclusions. D) Be satisfied with the sample used as long as it is large. E) Realize that statistical summaries from a sample may not be precise for the whole population.

What is the difference between gross pay and net pay?

Answers

the difference is the amount that is taken out of the wages for taxes,benefits and other voluntary deductions 

Answer:

Gross is the amount you earn; net is the amount after deductions.

Explanation:

Supply chain ____ can inhibit operations due to minimal inventory levels in lean systems. A) Agility B) Risk management C) Disruption D) Vulnerability

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The term that fits the description is C) Disruption.

Disruption in the supply chain can occur due to various reasons, such as unexpected events like natural disasters, supplier failures, geopolitical issues, or other unforeseen circumstances. In a lean system where inventory levels are kept minimal to reduce waste and improve efficiency, disruptions can have a significant impact on operations, causing delays and potentially halting production due to a lack of necessary materials or components.

Options A, B, and D are important aspects of supply chain management but do not directly relate to the inhibiting effect of minimal inventory levels in lean systems caused by disruptions. Agility (A) refers to the ability to quickly respond and adapt to changes. Risk management (B) involves identifying, assessing, and mitigating risks in the supply chain. Vulnerability (D) refers to the degree to which a system is exposed to the possibility of disruptions or adverse events.

Q 13.18: Which of the following statements is correct? A : Service companies prepare budget data using an expected input approach while manufacturers prepare budget data using an expected output approach. B : The budgets of service companies are approved by voters. C : The production budget is derived from the direct materials and direct labor budget. D : In the budget process for not-for-profit organizations, the emphasis is on cash flow rather than on revenue and expenses.

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Answer: The correct answer is " D: In the budget process for not-for-profit organizations, the emphasis is on cash flow rather than on revenue and expenses.".

Explanation: The statement  "D : In the budget process for not-for-profit organizations, the emphasis is on cash flow rather than on revenue and expenses." is correct because, as they are nonprofit organizations, the goal is not to generate an economic benefit, therefore Focus is placed on cash flow to ensure that the organization will be able to meet its commitments and obligations.

Which economic indicator would be most useful for figuring out how many goods are being sold to consumers?a. consumer price index
b. retail sales
c. new housing construction
c. gross domestic product

Answers

The economic indicator that would be most useful for figuring out how many goods are being sold to consumers is retail sales. Thus the correct option is B.

What is the economy?

The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.

An understanding of an economic growth state is provided through economic indicators. The gross domestic product, or GDP, is used to evaluate how well the economy is doing based on the items that consumers buy during a predetermined time period.

In order to follow consumer demand for completed goods, one important macroeconomic indicator is retail sales. It is mainly useful for determining how many products are sold to consumers.

Therefore, option B is appropriate.

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Answer:

Retail sale

Explanation:

The set of ideas, inventions, production processes, trademarks, trade secrets, and other intangible mental creations that belong to the company is called

Answers

Answer: Intellectual property (IP)

The set of ideas, inventions, production processes, trademarks, trade secrets, and other intangible mental creations that belong to the company is called intellectual property (IP).

Explanation:

Intellectual property (IP) refers to original concepts and ideas created in the mind of employees or workers which have both a moral and commercial value. These ideas includes: inventions, symbols, literary and artistic work, images used in commerce, illustrations, articles, work processes and so on. It is creative output and property because it is a tradable commodity which belongs to a company.

The answer would be : intellectual property
In modern age, more and more society value the importance of intellectual property . In a more developed countries , the laws that protect intellectual property tend to be more solid than those in developing country ( for example, you can see various brand and products abuse in China and South East Asia)

What is an important step to take before entering your first data into yourdatabase?
O A. Reporting
O B. Querying
O C. Planning
O D. Sorting

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Planning an important step to take before entering your first data into your database.

What is planning?

Planning involves a step by step approach to doing a thing. In data entering, creating a plan is the first step to entering data.The plan can be created in a separate sheet called the sap screen from where the processes are itemized.

Therefore, Planning an important step to take before entering your first data into your database.

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Before adding the first piece of data into your database, planning is a crucial step to do. As a result, choice (C) is the right one.

What is meant by an database?

In computing, a database is a structured collection of data that is accessible and stored electronically. In contrast to small databases, which may be stored on a file system, large databases are kept on computer clusters or in the cloud.

Data modeling, efficient data representation and storage, query languages, security and privacy of sensitive data, and distributed computing difficulties like concurrent access and fault tolerance are just a few examples of the pragmatic and formal aspects of database design.

The piece of software that interacts with the database itself, applications, and end users to gather and handle data is known as a database management system (DBMS).

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