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Author Question: Firms must make enough profits to survive. But this does not make them profit maximisers. (Read 35 times)

Anajune7

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on: May 25, 2020

Question 1

The (profit satisficing) sales revenue maximising output will always be greater than the profit maximising output.
◦ true
◦ false

Question 2

Firms must make enough profits to survive. But this does not make them profit maximisers.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Anajune7 on May 25, 2020

abctaiwan

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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.
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Anajune7

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

recede

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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