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A perfect competitor can reap an economic profit in the short term in the long term never in both the short and long term?
Short term
Explain why both short-term and long-term planning are important?
short term is financial asset used to run business at the market level whereas longterm is to invest to get maximum profit.
3 types of financing?
there are internal and external sources of financing. internal sources are things like selling assets such as computers and machinery other internal sources are retained profit and your own personal money. external sources are things like loans, grants and overdrafts.
What is the difference between long term and short term costs?
long term cost is which is incurred toacquire an asset and that figure is capitalise in Balance Sheet, while short term cost is paid for running and operational expenses, which is shown in Profit n Loss Account.
Why is profit maximisation not a reasonable financial objective?
People in business do need to make a profit, or their business will fail, but profit is not everything. Profit made by illegal means can result in going to jail, for example. Profit made by socially destructive means (even if they are legal) harms the society in which you live. Short term profit is not always compatible with long term profit. So, there is a bigger picture.
Is mumps long term or short term?
long term mostly but in some short term
The memory on the motherboard is short term?
it can be long term....it can be short term depends if it is RAM is short term..while ROM is long term....
Is toxoplasmosis short term long term?
short term
Is unemployment long-term or short-term?
Short-Term
Why compaines skeem customers?
These are companies that typically go for the short-term win (profit) and do not consider the consequences this has on long-term survivability. Thus, they lack little or no social responsibility.
What is the difference between a short- and long-term goal?
the long term is different between a short term because the short
What term effect does an earthquakes long term or short term?
Answer: Short Term
