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Because the more people who work for that company, gives moreopportunityto make more money.

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Q: What condition will individuals form a firm?
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Which organizational form best enables the owners of the firm to monitor the actions of other owners of the same firm?

The organizational form which best enables the owners of the firm to monitor the actions of other owners of the same firm is a general partnership. All the liabilities of the partners are unlimited.


If a firm can maximize its profit by producing output where price is equal to its marginal cost in which type of market is the firm operating?

The firm is operating in Perfect markets. In perfect markets (Perfect competitions), the firm can maximize its profit when its MC is equal with its MR. And in perfect markets, usually the following condition is true: (MR = AR = P). So, in equilibrium which is also the profit maximizing point for a firm, the following condition is a must: MR = AR = P = MC.


Define backward and forward integration?

backward integration is a form of vertical integration in which firm's control of its inputs or supplies. forward integration is a form of vertical integration in which firm's control of its distribution.


An organization that helps private individuals and corporations purchase stocks bonds certificates of deposit or notes is called?

an investment firm.


How do you find a monopolist's profit maximising...?

The monopolist's profit maximizing level of output is found by equating its marginal revenue with its marginal cost, which is the same profit maximizing condition that a perfectly competitive firm uses to determine its equilibrium level of output. Indeed, the condition that marginal revenue equal marginal cost is used to determine the profit maximizing level of output of every firm, regardless of the market structure in which the firm is operating.

Related questions

To sell a state-run firm to individuals?

privatize


How are patients with a mild form of MPS VI affected?

With a milder form of the condition, individuals tend to be shorter than expected for their age, develop corneal clouding, and live longer


Joining of one firm with another to form a single firm?

merger


Is fidelity net benefits a reliable brokerage firm?

Yes, you are correct. This a very popular brokerage firm and many individuals have used it. I highly recommend this company if you are looking for a reliable brokerage firm?


What can be used for debt financing?

Debt financing can be achieved through selling bills, bonds or notes to individuals or institutions. Individuals or institutions thus lend money to a firm. They are investors. The firm is obliged to repay them the principal and the interest on that debt.


What is the condition to get maximum profit of a firm in perfect competition?

Mr=mc


Subsyndromal depression is a condition in which an individuals symptoms?

Subsyndromal depression is a condition in which an individuals shows signs of depression but not severe enough to require a diagnosis and treatment.


Is firm an adverb?

It can be, where it means firmly, in a firm manner. e.g. He stood firm against his detractors. Firmly is ordinarily the adverb form.


What is To sell state run firm to individuals?

This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).


What is to sell a state run firm to individuals?

This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).


Which organizational form best enables the owners of the firm to monitor the actions of other owners of the same firm?

The organizational form which best enables the owners of the firm to monitor the actions of other owners of the same firm is a general partnership. All the liabilities of the partners are unlimited.


Definition of global understanding?

The condition of individuals or groups of individuals that enables them to know the history, values and/or culture of individuals or groups of individuals different than their own.