zairaefh283 zairaefh283
  • 24-09-2017
  • Business
contestada

Which identifies the reason why producers try to minimize costs and maximize revenue?

Respuesta :

quenbarr quenbarr
  • 07-10-2017
The profit motive identifies the reason why producers are trying to maximize the revenue and minimize the cost. The profit motive pushes the producers to minimize the revenue and maximize its cost. The profit motive is also the main force behind the decisions made by producers in a free-market society. 
Answer Link
blixzy
blixzy blixzy
  • 08-05-2020

the answer is profit motive

Answer Link

Otras preguntas

PLEASE HELP!!! The two-way relative frequency table shows the relative frequencies of girls and boys who chose peanut butter or ham sandwiches. What percent of
The volume of a cylinder, found using 3.14 to approximate pi, is 30,395.2 cm3, and the radius is 11 cm. What is the height of the cylinder?
An isobar is a line on a weather map that connects lines of equal __? A)pressure B)height C)temperature D)moisture
Which two main characteristics describe weather? Choose all answers that are correct. A. gravity B. temperature C. air pressure D. clouds
15 yards of 18 yards percent of change
What fluid flows very slowly?
The measure of an angle is 23 degrees find the measure of the complement.
a ticket agency charges a 9.5% fee on all tickets sold. if a ticket costs $40, what is the fee?
what is the past tense for aimer
3. Suppose your bank honors a check for which you don't have sufficient funds in your checking account. This action means that you've arranged beforehand for