Which of the following is the main force behind the decisions made by
producers in a free-market society?
O
A. Serving customers
O
B. Reducing opportunity costs
O
C. Maximizing benefits
D. The profit motive
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is the main force behind the decisions made by producers in a free-market society? O A. Serving customers O B. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Generally speaking, the blank the risk, the blank the potential
Answers (1)
Sally owns the only cake shop in town (she is a monopolist). at a quantity of five cakes, the marginal cost of producing one more cake is $12, while the marginal revenue from selling one more cake is $10.
Answers (1)
It is the end of the year but not the end of the pay period. How will this affect the balance sheet?
Answers (1)
Ginger feels like she is very qualified for a revenue job. which qualification does ginger most likely have?
Answers (1)
MNO Corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours.
Answers (1)
New Questions in Business
A company has two departments and allocates all overhead costs based on department revenues. The following information applies: Department 1 revenue $1,000,000 Department 2 revenue 1,500,000 Corporate overhead costs 250,000 Department overhead costs
Answers (1)
The most useful allocation basis for the departmental costs of an advertising campaign for a storewide sale is likely to be: Multiple Choice An equal amount of cost for each department. Number of customers to enter each department.
Answers (1)
What happens when a bond becomes due? A The issuer will pay you back, minus interest. B The issuer will pay you back, plus interest. C You pay it back to the issuer, plus interest. D You pay it back to the issuer, minus interest.
Answers (2)
The emphasis of a marketing strategy for a continuous innovation concentrates on
Answers (1)
Daphne handles the payroll and performance appraisals of employees. Which business department does Daphne belong to?
Answers (2)