0
Why do most firms operate in Stage II of the three stages of production?
Wiki User
∙ 8y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Do firms operate at optimal scale?
do firms operate at optimal scale
Who own the factor of production?
Business firms own the factors of production.
Why must the government go to business firms to buy resources for production?
Governments do not produce, they consume. However they have to deal with business to acquire the resources they need to operate.
How does the oul industry span the primary secondary and tertiary sectors of the economy?
There are three main types of industry in which firms operate. These sectors form a chain of production which provides customers with finished goods or services.The chain of production shows interdependence: firms rely on other businesses in different sectors for raw materials, components or distribution.
When foreign firms build production facilities in the US What are they are engaging in?
When foreign firms build production facilities in the United States, they are engaging in
Do firms operate at optimal scale?
do firms operate at optimal scale
Who own the factor of production?
Business firms own the factors of production.
Why must the government go to business firms to buy resources for production?
Governments do not produce, they consume. However they have to deal with business to acquire the resources they need to operate.
When foreign firms build production facilities in the US What are they are engaging in?
When foreign firms build production facilities in the United States, they are engaging in
How does the oul industry span the primary secondary and tertiary sectors of the economy?
There are three main types of industry in which firms operate. These sectors form a chain of production which provides customers with finished goods or services.The chain of production shows interdependence: firms rely on other businesses in different sectors for raw materials, components or distribution.
Why do firms engage in the activity of production?
to acquire profits
Firms purchase inputs for production from households in the .?
hahahaha
Who are the Top PR Firms in the Philippines?
monsters centaur production
6 What are the advantage and disadvantage of level production schedules in firms with cyclical sales?
The advantage of the level production schedule in firms with cyclical sales is resources and labor are spread evenly. The disadvantage of the level production schedule is that it is a costly exercise.
How many countries does Deloitte operate in?
Deloitte firms have members in 140 different countries.
When a firms revenue from sales exceeds its cost of production it will earn?
Profit
Which factor of production is used by manufacturing firms for a physical location?
land
