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Q: What is the law of supply and how does profit motive help explain it?
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How do Transnational Corporations grow?

They have 3 main factors: Motive, Means and Mobility. Motive: Companies control the costs of producing goods and services as the general motive is profit. Means: The banks provide the means for the companies so that they can grow by being provided with finance. Mobility: Increasing the transport and communications help the TNC's to grow as they can access more areas in a shorter timespan.


How could the supply of houses be increased in an economy and explain how governments could help in this process?

Do your assignment on your own ..... Internet worms...


How information systems can enhance the supply chain?

Information systems are essentially to a productive and efficient supply chain. They help you to not only see what is needed, but who has it. Depending on the complexity of the system you can also monitor transportation costs and a wide variety of other factors that will help you to keep things running smoothly at minimal cost, allowing profit to be maximized.


Discuss different profit theories?

Please can you help list and explain the various theories of proft that we have in economics. I am a postgrudate student of the university of lagos, nigeria studing ECN 845: advanced micro-economics.


How can equations and inequalities help a business maximize profit or minimize costs?

Equations and inequalities help maximize profit in a business by simultaneously optimizing the growth and profitability.

Related questions

What is a profit motive 3 paragraphs plzz help?

The term profit motive is used in economics. It means the concept or goal a company uses to make money.


Why it is important to identify the motive and context of a primary source document?

Identifying the motive and context of a primary source document is crucial for interpreting its content accurately. Understanding the purpose or intent behind the creation of the document helps to assess its reliability and potential bias. Additionally, grasping the historical context in which the document was produced provides valuable insights into the events and perspectives of the time.


What is the supply chain profit formula?

Supply chains are vital to the success of any business. The supply chain profit formula is a method that helps businesses to take advantage of their supply chain. This formula can be used in many different scenarios, such as a company’s financial planning and budgeting, to help the company make better decisions.


How do Transnational Corporations grow?

They have 3 main factors: Motive, Means and Mobility. Motive: Companies control the costs of producing goods and services as the general motive is profit. Means: The banks provide the means for the companies so that they can grow by being provided with finance. Mobility: Increasing the transport and communications help the TNC's to grow as they can access more areas in a shorter timespan.


What does not help explain why carpenters usually earn more than dishwashers?

there is a greater supply of carpenters than dishwashers


How could the supply of houses be increased in an economy and explain how governments could help in this process?

Do your assignment on your own ..... Internet worms...


What helped Columbus convince Queen Isabella to pay for his voyage?

Spain had many soldiers available to help it profit from exploration.


What is accounting the characteristics of goodwill explain capitalization of profit method with the help of imaginary illustration?

It's difficult to place the exact value on goodwill and it will always involve expert judgement.


How information systems can enhance the supply chain?

Information systems are essentially to a productive and efficient supply chain. They help you to not only see what is needed, but who has it. Depending on the complexity of the system you can also monitor transportation costs and a wide variety of other factors that will help you to keep things running smoothly at minimal cost, allowing profit to be maximized.


What is Profit-making companies?

A profit making organisation is an organisation which its priority is to make a profit rather than to help the community.


How can analogies help you?

They can help you to explain relationships in ways that are hard to explain in words.


What helped Columbus convince queen Isabella to pay for his vogage?

Spain had many soldiers available to help it profit from exploration.