This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A sales revenue maximising firm will only make normal profits unless sales revenue is maximised ... (Read 65 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: May 25, 2020

Question 1

The profit maximising output will never be greater than the (profit satisficing) sales revenue maximising output.
◦ true
◦ false

Question 2

A sales revenue maximising firm will only make normal profits unless sales revenue is maximised subject to a higher than normal profit constraint.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by oliviahorn72 on May 25, 2020

parker125

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


oliviahorn72

  • Member
  • Posts: 579
Reply 2 on: May 25, 2020
Great answer, keep it coming :)

vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Maintenance of normal blood glucose levels. Maintenance of normal blood glucose levels.
Normal changes in the breast during a woman's life span Normal changes in the breast during a woman's life span
Normal change in sea level Normal change in sea level
Normal DNA vs Italian DNA Normal DNA vs Italian DNA
Normal heart valves Normal heart valves
Normal white blood cell and a white blood cell undergoing apoptosis Normal white blood cell and a white blood cell undergoing apoptosis
Video: Mycobacterium tuberculosis: Drug Resistance and Natural Selection

For a complete list of videos, visit our video library