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Factors effecting profit

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Anonymous

16y ago
Updated: 8/17/2019

factor effecting profitability?

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16y ago

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Factors affecting profit?

factors affecting profit?


Why can a variable be used to represent a number?

Because somethings, like profit are dependent on other factors so, profit is unknown until such factors are accounted for.


Microeconomic factors affecting profit making firms?

i dont know what does profit affect microeconomics


What are the important factors that you would take into consideration while establishing a profit center?

what are the important factors that you would take into consideration while establishing a profit centre?


Can you use a front hallway as a bedroom?

Yes. Unless you are effecting other people, you can use your property however you wish.Addition: Only if you are using it for this purpose for your OWN family - NOT if you are renting or leasing it for profit.


What factors contribute to a firm earning less than a normal profit?

Several factors can contribute to a firm earning less than a normal profit, including high competition in the market, high production costs, inefficient operations, and external factors such as changes in consumer preferences or economic conditions. These factors can lead to lower revenue and higher expenses, resulting in a firm earning less than a normal profit.


What are some factors that are pushing farmers off the land and into cities?

Here are some of the push factors: less profit no electricity


What are some factors that are pushing farmer off the land and into the cities?

Here are some of the push factors: less profit no electricity


What are the factors affecting the cash management?

1. Profit 2. Interest or dividends


What are the criticism of profit maximization?

In profit maximization, the ultimate aim of the business is profit. When profit is the main target, focus on other factors like investment, expansion, usage of the product, creating goodwill, ethics, etc., are lost or given minimum priority.


How is economic profit determined and what factors contribute to its calculation?

Economic profit is determined by subtracting all explicit and implicit costs from total revenue. Factors that contribute to its calculation include production costs, opportunity costs, and the competitive environment.


How do you calculate economic profit and what factors are considered in determining it?

Economic profit is calculated by subtracting both explicit costs (such as wages and rent) and implicit costs (such as opportunity costs) from total revenue. Factors considered in determining economic profit include production costs, revenue generated, and the value of alternative opportunities foregone.