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According to textbook economics, this is true. High profits make happy shareholders. The more monopolistic a company can behave, the higher profits will be. A good example would be Microsoft. This company had the "honour" of having to pay the highest fine in the history of the Antitrust commission in Brussels, at least at that time. Remember that Neelie Kroes also fined Intel with a 1.45 billion USD. Another form of illegal keeping prices high is via cartels..
Or maybe not? If company A makes profits, then it is absolutely sure that direct competitors will enter the market. In that case, profits would decrease. In order to prevent this, company A produces as much and as efficiently as possible so profits are slightly above 0. Now, it still has first mover advantage, can still pay its bills and invest but most importantly: nobody will enter.
Being green and socially responsible are new goals. At first they might seem to lower profits because of the higher costs involved. However, a green and responsible image can attract new customers because of growing environmental awareness. On top of that, green initiatives are being subsidized by government. Study Triodos Bank, this green bank is doing very well despite the crisis! Their website is www.triodos.com
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Profit is the money a business collects from conducting business true or false?
False. Profit is not just the money a business collects; it is the amount remaining after all expenses, costs, and taxes have been deducted from total revenue. In other words, profit is the net income that indicates the financial health of a business.
True or False. Accounting profit equals sales revenue minus explicit costs?
True
Is it true of false that profit is the difference between earned income and costs?
True. Profit is defined as the difference between earned income (revenue) and costs (expenses). If income exceeds costs, a profit is generated; if costs exceed income, a loss occurs.
Is it true or false Capitalism is an economic system in which privately owned businesses and individuals attempt to make a profit in a free market.?
True.
Is it true or false that the objective of a firm is to maximize total revenue?
Generally speaking, the main objective of a firm is profit maximisation. This is not always the case, however, as some firms have different goals, including providing charitable services, satisficing, and providing a high quality good or service.Revenue (income) increases profit, while expenses decrease profit. Therefore, if a firm's revenue increases more than their expenses increase, they will generate a greater profit.
Is Tom Deckard a false profit?
A person cannot be profit - therefore, a person also cannot be false profit.
What are the release dates for Deceived - 2013 False Profit 1-2?
Deceived - 2013 False Profit 1-2 was released on: USA: 1 April 2013
In the economic process people are always concerned with making a profit True or false?
The statement is false.
True or False . If you buy stock in a well-known successful company you are guaranteed to make a profit?
false
Who was the false profit that predicted the world ending?
Harold Camping.
The number of congress change every six years true or false?
false it changes every 2 years
True or false every quadrilaterial is a square?
False because every quadrilateral is a four sided shape
Including manufacturing overhead costs in product costs ensures that each product will earn a profit. TRUE or FALSE?
False
True or false Because few Aztec and Inca treasures were found Spain did not profit from the expedition of Cortez and Pizarro?
false
the major purpose of organization is to increase productivity and profit. its is true or False?
true
True or false The most difficult part of determining the profit maximizing price is determining profit at a given level of unit sales?
true
Profit is the money a business collects from conducting business true or false?
False. Profit is not just the money a business collects; it is the amount remaining after all expenses, costs, and taxes have been deducted from total revenue. In other words, profit is the net income that indicates the financial health of a business.
