Which of the following is TRUE?
a. Purchase a supplier as long as the supplier is profitable
b. Purchasing a profitable customer would lead to an increase in profits
c. Purchasing a profitable supplier may not necessarily increase your profits
d. Purchasing a profitable supplier is a bad idea and would lead to decreased profits
c
You might also like to view...
In a competitive industry, each firm has a cost function 
(for a given set of input prices). Demand for the industry's output is 
. The (long run) equilibrium number of firms is
A. 120 B. 58 C. 46 D. 34 E. 29 F. 12 G. 2 H. None of the above
Community Advisory Council (CAC).
What will be an ideal response?
Throughout the twentieth century, and especially since the mid-1960s:
A. the labor force participation rates of women increased dramatically. B. the labor force participation rates of women have decreased dramatically. C. the labor force participation rates of women slowly increased. D. the labor force participation rates of women fluctuated wildly.
Suppose disposable income increases from $5 trillion to $6 trillion. As a result, consumption expenditure increases from $4 trillion to ________. This result means the MPC equals ______.
What will be an ideal response?