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What will profits generated by the business will always increase on?
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Why can firms not always reduce prices until they increase sales and profits?
if marginal production costs exceed marginal revenues, the firm will suffer losses, not profits.
If sales increase will profits always increase?
Sales might increase because prices dropped. They might increase because more expensive salesmen were hired. They might increase because the neighborhood improved in value, however, taxes will go up or rent will go up. Thus, just because sales increase does not mean profits always increase.
Do you agree that business should always aim to increase productivity?
business should aim to increase the productivity bcoz by increasing the productivity one can earn the profit and earn his livelihood btterrly. when the product rate increase people can demand that thing more and by this their is more circulation of wealth which reduce s the unemoloyment
Prove that profit maximizing firm will always minimise?
Profit is equal to total revenue minus total costs, if a firm wants to maximize its profit it has to lower the cost of producing a given level of output and or increase the item price if there is a willing buyer. If a firm is not minimizing costs then there exists a way for the firm to increase profits.
Why does business need multiple objective explain any five such objective?
Before starting a business, there always exists certain objective. Generally, the main objective of any business is to earn higher profits. But, this cannot be the only objective as the business needs to cater the demands and requirements of the various parties who are interested in the business. Therefore, the business needs to focus on the performance of each and every area for survival in the market. For this, there should be other objectives such as fulfillment of social responsibility, innovations, efficient use of natural resources, etc. Thus, it can be said that the business needs the multiple objectives.
Why can firms not always reduce prices until they increase sales and profits?
if marginal production costs exceed marginal revenues, the firm will suffer losses, not profits.
What does increase walk-in customers to a location mean?
Walk-in customers are the customers that do not have an appointment and are the ones that you cannot necessarily always accurately plan for. Nevertheless an increase in walk-in customers of course increases profits. Not only in the short term but also in the long term. If a walk-in customer has a good experience in the business then he or she will probably return to that same business the next time they require the same kind of products and services. Also, they will probably even put in a good word for you business and your profits will grow because of that even more.
What are the indicators of a performing business?
If it is a publicly traded business you can always look at the stock price! But profits, rate of growth, reputation ect.. could also indicate a performing business!
If sales increase will profits always increase?
Sales might increase because prices dropped. They might increase because more expensive salesmen were hired. They might increase because the neighborhood improved in value, however, taxes will go up or rent will go up. Thus, just because sales increase does not mean profits always increase.
How does a business affect the local community?
A business in some way always affects the local community. Local businesses should always be careful not to upset any of the community as it is them who will be bringing in the profits for the business. Local businesses should always listen to queries and concerns about their business.
Will sales training increase the amount of profits?
It is a fair and accurate assumption that the more educated in a product one is, the more possibility of sales, thereby increasing profit. It is always the hope of whomever is conducting the sales training, that the training will pay off in higher profits.
Will your insurance increase if you have a snow accident?
Insurance rates always increase anytime a claim is made, regardless of the cause and circumstances. That's how they make money and stay in business.
how to get help for accounting small business online?
It is always best to go to financial aid centers that are able to help you choose the best financial decisions to maximize your profits. It is always best to hire some professional service to help you.
Do you agree that business should always aim to increase productivity?
business should aim to increase the productivity bcoz by increasing the productivity one can earn the profit and earn his livelihood btterrly. when the product rate increase people can demand that thing more and by this their is more circulation of wealth which reduce s the unemoloyment
Is a computer-generated picture produced on a computer screen paper or film?
A computer generated picture is always generated onto a computer screen; from there it can be printed onto paper, or made into a film. Frances
Prove that profit maximizing firm will always minimise?
Profit is equal to total revenue minus total costs, if a firm wants to maximize its profit it has to lower the cost of producing a given level of output and or increase the item price if there is a willing buyer. If a firm is not minimizing costs then there exists a way for the firm to increase profits.
Why properties prices always increase?
It is not always increasing.
