According to the profit-maximization goal, the firm should attempt to maximize short-run profits since there is too much uncertainty associated with long-run profits
a. true
b. false
b
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An individual deposits $12,000 in a commercial bank. The bank is required to hold 10% of all deposits on reserve. The deposit increases the loan capacity of the bank by
A. $9,600. B. $6,000. C. $10,800. D. $11,000.
If a yet-to-be released video game receives a positive review in a popular gaming magazine,
A) the demand curve is expected to shift to the right. B) the demand curve is expected to shift to the left. C) the demand curve is not expected to change. D) for those who read the review, demand shifts to the left. For those who don't read the review, demand shifts to the right.
Spending longstanding & can be also a tax policy/decreasing; increasing
What will be an ideal response?
Which of the following goods are available at highly economical prices because the use of mass production techniques substantially reduces their per unit production costs?
What will be an ideal response?