subject
Social Studies, 03.11.2019 01:31 Seaport

Owners of firms understand that lower prices will attract more customers. why can firms not always reduce prices until they increase sales and profits?
a. consumers do not always like low prices.
b. if marginal production costs exceed marginal revenues, the firm will suffer losses, not profits.
c. if opportunity cost for the consumers exceeds the firm's production costs, there can be no profit.
d. owners will never reduce prices even when it means increased profits.

ansver
Answers: 2

Another question on Social Studies

question
Social Studies, 22.06.2019 01:00
Why was trump elected in the first place? ‍♂️
Answers: 2
question
Social Studies, 22.06.2019 17:20
As you drive in to school, you hear a random radio-show caller arguing that sun exposure really has not been shown to cause skin cancer and that some research suggests that skin cancer is completely genetic and not related to sun exposure at all. at the time, you think that this is a silly argument and that the caller does not know what she is talking about. however, two months later, you are outside without wearing sunscreen, and you find yourself remembering that you had read something about how the sun actually does not cause skin cancer. this process is evidence that has influenced your attitude
Answers: 3
question
Social Studies, 22.06.2019 18:00
In the construction of a new housing development which factor of production can be categorized as land?
Answers: 1
question
Social Studies, 22.06.2019 20:00
The ability to accurately gauge the distance of the coffee cup on your desk as you reach for it is called:
Answers: 1
You know the right answer?
Owners of firms understand that lower prices will attract more customers. why can firms not always r...
Questions
question
Mathematics, 26.07.2020 18:01
question
Mathematics, 26.07.2020 18:01
question
Mathematics, 26.07.2020 18:01
question
Computers and Technology, 26.07.2020 18:01
question
Mathematics, 26.07.2020 18:01
question
Mathematics, 26.07.2020 18:01
question
Mathematics, 26.07.2020 19:01
question
Business, 26.07.2020 19:01