Which identifies the reason why producers try to minimize costs and maximize revenue?

Answers

Answer 1
The profit motive identifies the reason why producers are trying to maximize the revenue and minimize the cost. The profit motive pushes the producers to minimize the revenue and maximize its cost. The profit motive is also the main force behind the decisions made by producers in a free-market society. 
Answer 2

the answer is profit motive


Related Questions

Brian wants to know what would've happened if he'd selected different bid amounts in his shopping campaign. he should:

Answers

Brian should use the Bid Simulator
Adword's bid simulator will allow you to know what's changes gonna exist in your advertising campaign if you change a certain factors in your campaign.
Using this tool will provide you with Potential CPC amounts from a certain amount of bids.

Dan kim does a lot of customer research on his ideas for new products before actually making a prototype. in the new-product development process, this stage is calle

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the part of the development process where Dan Kim does his research on his ideas is called innovation which is where new ideas are transformed into new products

Anthony's debit card was stolen, and someone purchased over $1,000 worth of items on it. Which law or regulation protects Anthony from having to pay for all of it?

Truth in Savings Act
Electronic Fund Transfer Act
Expedited Funds Availability Act
FDIC Deposit Insurance Regulations

Answers

The FDIC Deposit Insurance Regulations protects Anthony from having to pay for all of it. The FDIC protects banks that are a member and enrolled in FDIC protection. This allows them to file a calm against stolen money (or other things) to help their consumers if there is an issue with finding charges that were not made by them.

Answer:

the correct one is Electronic Fund Transfer Act

Explanation:

I did the quiz in odyssey and that is the right one

What is accidental death and dismemberment insurance?

Answers

Accidental death and dismemberment insurance (AD&D) is a rider attached to a health insurance or life insurance policy covering death by accidental means and dismemberment, including the loss of or the loss of use of body parts or functions (meanings limbs, speech, eyesight or hearing). Because these riders are generally constructed in a way that makes the insurer pay twice the amount otherwise payable, AD&D is sometimes referred to as a double indemnity rider. It is essential for prospective buyers to carefully read the fine print before adding this insurance because it is a strictly limited policy and is often encumbered with a variety of specific terms that must be followed to the letter.

An emt uses the abbreviation cpap when speaking to another emt. this is an appropriate use of an abbreviation​ because:

Answers

CPAP is an appropriate use of an abbreviation​, when speaking to another EMT because other EMT is also familiar with this abbreviation.
EMT stands for Emergency Medical technician and it is a term used for the person who is a patient care provider. CPAP is an abbreviation of continuous positive airway pressure and it is a type of positive airway pressure ventilator.

Final answer:

The use of the abbreviation CPAP in the conversation between two EMTs is appropriate because it enables quick, efficient communication in emergency situations. These abbreviations work as a shorthand that simplifies medical terminologies.

Explanation:

An EMT (Emergency Medical Technician) uses the abbreviation CPAP (Continuous Positive Airway Pressure) when speaking to another EMT. This is deemed appropriate because it facilitates quick communication as these abbreviations are universally recognized in the medical field. In an emergency situation, it's crucial that medical personnel can communicate quickly and efficiently, and medical abbreviations like CPAP help them do that.

Therefore, CPAP is a form of shorthand that simplifies the terminology for medical procedures, conditions, and equipment. It is essential, however, that these abbreviations are used judiciously and only when their meaning is understood by both communicating parties to avoid any confusion.

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Process capability
a. is assured when the process is statistically in control.
b. exists when cpk is less than 1.0.
c. means that the natural variation of the process must be small enough to produce products that meet the standard.
d. exists only in​ theory; it cannot be measured.

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C. means that the natural variation of the process must be small enough to produce products that meet the standard

An example of a company that uses financial markets to raise money is

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The answer to this question is: Ford motor company
In using the financial markets, a company will sell some parts of its ownership to the people.
Usually, they conducted the transfer of ownership in the form of shares that will provide dividend for ever stock holders and the end of operating year

The ability to charter banks is an example of a ________ power

Answers

Concurrent power is the ability to charter banks. These powers are shared by both the State and the Federal government. It also includes regulating elections, taxing, borrowing money and establishing court. These powers were also exercised throughout the territory.

Final answer:

The ability to charter banks is an example of a congressional implied power derived from the Necessary and Proper Clause of the U.S. Constitution, further supported by the Supreme Court's decision in McCulloch v. Maryland.

Explanation:

The ability to charter banks is an example of a congressional power that stems from the Necessary and Proper Clause of Article I, Section 8 of the U.S. Constitution. As per the landmark Supreme Court decision in McCulloch v. Maryland (1819), it was determined that Congress has the authority to establish a national bank as a means to fulfill its constitutional responsibilities such as regulating interstate commerce, collecting taxes, and borrowing money. This case demonstrated that Congress could exercise not just its explicitly enumerated powers but also implied powers actions necessary and proper for executing its enumerated functions. Essentially, this means the power to charter banks is an example of an implied power that allows the federal government to carry out its express constitutional duties. Moreover, this power is also supported by the Supremacy Clause of the Constitution, which places the legitimate actions of the federal government above conflicting state laws, hence forbidding states from taxing federal entities like the national bank. The concept of a national bank showcases the complex relationship and balance of power between the federal government and the states.

"according to ted levitt, what is the definition of a product? what satisfactions do customers want?"

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In analyzing Ted Levitt’s definition of a product, he claims it to be something that solves a problem, or is a tool that solves an issue for a consumer. Customers want the satisfaction that the product they purchase will both meet and exceed the expectations they have for it.

Assume that your total income for the current year is $35,000. your total expenses including taxes of $5,000 is $30,000. your savings ratio is

Answers

Final answer:

The savings ratio is 14.29%.

Explanation:

The savings ratio can be calculated by dividing the amount of savings by the total income. In this case, the total income is $35,000 and the total expenses including taxes is $30,000. To find the amount of savings, we subtract the expenses from the income: $35,000 - $30,000 = $5,000. The savings ratio is then calculated as: $5,000 / $35,000 = 0.1429, or 14.29%.

I usually become friends with my co-workers and identify with my work. answer

Answers

The answer should be strongly agree
This type of question often asked by the interviewers in order to gauge your capability to work in a team.
Answering No this question will make you seem to not possessing the required amount of communication skill which will make you a hindrance in a team
I usually become friends with my co-workers and identify with my work.

This statement is TRUE.

While working in an environment where you have to work in groups, it important to collaborate with your peers and share the workload. In that way, of course, you become friends with your colleagues and besides the work you enjoy each other's company.

People do all kinds of work from home, including research, management, marketing, and creative work.

Answers

yes they do now, if your creative and can think outside the box all you need is wifi

How does income distribution in the economies affect the marketing decision of the firms?

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Income distribution in the economies has affected the marketing decision in the firms because of the equality it provides in terms of income and it has always been dealt and to be placed in marketing decisions because of the amount of money that is being earned and distributed.

On the summer solstice in june, the sun will be directly above ____________ and all locations north of ___________ will experience daylight all day.

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The summer solstice is the day of the year when the sun is the farthest north, over the Tropic of Cancer, 23.44 degrees (or 23 degrees 26 minutes) north of the equator. On that day, all locations north of the Arctic Circle experience 24 hours of daylight.

List three components that must conform to the same socket type

Answers

Traditionally the computer hardware or motherboard structures, the motherboard, heat sink (or other cooling device) and CPU and CPU Fanmust coincide with to the same socket type. According to Merriam Dictionary, socket is a device in a wall into which an electriccord can be plugged.
Final answer:

The motherboard, the central processing unit, and the heatsink must conform to the same socket type for compatibility.

Explanation:

The three components that must conform to the same socket type are the motherboard, the central processing unit (CPU), and the heatsink. The motherboard is the main component that houses various parts of the computer. The CPU is the 'brain' of the computer where most calculations take place. The heatsink is responsible for cooling the CPU to prevent overheating. The same socket type ensures compatibility between these components.

Three components that must conform to the same socket type in a computer are the CPU (Central Processing Unit), the motherboard, and the power supply.

1. Compatibility between the CPU, motherboard, and CPU cooler is essential for building a functional computer system.

2. The CPU socket type on the motherboard must match the socket type of the CPU for them to work together seamlessly.

3. The motherboard serves as the central hub, providing connections and power to various hardware components.

4. CPU coolers are designed to attach to specific CPU socket types, ensuring efficient heat dissipation.

5. Ensuring alignment in socket types is a fundamental step in assembling a compatible and reliable computer.

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How do externalities loading... affect​ markets? if a negativenegative externality in productionproduction is present in a​ market, then?

Answers

An external (outside reality ) of an Market company is one of the many terms in stock,economics and finance that attempts to serve as an model term. The presence of all competition to an positive financial growth is determined bu y the not having externalities of other advertisements, franchise and similar products that someone's company is attempting to push , manufacture or sell at the highest range.

Final answer:

Negative externalities in markets, such as pollution, lead to overproduction as not all social costs are included in the supply curve, resulting in market failure.

Explanation:

Externalities affect markets by introducing a disjunction between private costs or benefits and the broader social costs or benefits, leading to market inefficiency. A negative externality in production, such as pollution, causes social costs that are not factored into the supply curve, leading to overproduction relative to the efficient market outcome.

On the other hand, positive externalities, like the benefits of a fire-proofed home to its neighbors, lead to underproduction as external benefits are not reflected in the producers' incentives.

In the presence of a negative externality, such as pollution from a manufacturing plant, the market fails to achieve efficient output because the firm does not bear all the costs of its production, leading to overproduction.

In this scenario, the actual cost of production exceeds what is represented on the supply curve, due to external costs like health impacts and clean-up costs borne by society. This disconnection leads to market failure, where the quantity produced is higher than what would be if firms were responsible for the external social costs.

Which term refers to the beginning of the constitution?

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Answer: The Preamble

The Preamble introduces the purposes and goals of The Constitution. It lists the intents and purposes of the founding fathers of the United States for the Constitution.

The term that refers to the beginning of the constitution is the Preamble. It outlines the purpose and goals of the Constitution, beginning with "We the People" and establishing the authority and source of power for the Constitution.

The Preamble is the introductory statement that outlines the purpose and goals of the Constitution. It begins with the famous words "We the People" and establishes the authority and source of power for the Constitution.

For example, the Preamble of the United States Constitution begins as follows: "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."

Therefore, the term that refers to the beginning of the constitution is the Preamble.

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According to the afl-cio 2009 report, death on the job: the toll of neglect, “the full extent of occupational injuries and illnesses and their associated costs” ($145 to 290 billion annually) is understated. what does this fact indicate?

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This fact indicates that a number of the injuries and illnesses taking place while working are not being reported faithfully. This might be due to a reticence on the part of the employees regarding being found out about working while sick, or it could be that businesses are worried about excess costs associated with workplace injuries.

A ____ channel is an illegal, hidden path used to transfer data from a network.

Answers

Covert Channel is the answer that goes in the blank space

Hope this Helps :)

What is the total amount of money students can borrow under the Perkins Loan?

Answers

If you are an undergraduate student, you may be eligible to receive up to $5,500 a year. The total you can borrow as an undergraduate is $27,500.
You can borrow $27,500 as an undergraduate.

The physical capital used by a woodworker to make furniture would include _____.

hard work and time

a workshop and money

wood and glue

saws and drills

Answers

Saw and Drill is the answer :)

Physical capital is defined as physical assets that a business use to produce its goods. These physical assets are fixed – they are generally bought as investments to be able to make the products.

Thus, in the case of a woodworker who makes furniture, her or his physical capital would be saws and drills, since these things are necessary to have in order to build the furniture.

What is culture?????????

Answers

Culture is a set of behaviors, beliefs, and customs that are unique to a specific group of people.

People who hold these beliefs and customs are of also often referred to as a culture. The traditions and practices of a culture are passed from one generation to the next, and they provide people with a structure and set of values for living.

Understanding culture is important in a healthcare setting because culture is a central aspect of a patient's life. Many areas of life are influenced by culture: language, family and other social relationships, education, career choice, spiritual or religious beliefs, food preferences, health beliefs, and healthcare methods.

_____ are the strongly held and taken-for-granted beliefs that guide behavior in a firm.

Answers

The appropriate response is Unconscious Assumptions. Imagining that it was a pooch is a case of utilizing a suspicion to concoct an answer. Suppositions can be characterized as deductions and implications we appoint to the watched realities in view of esteems, needs, personal stakes, and experience.

There are 100 white male applicants for the job and 60 were selected. there were 20 african-american male applicants for the job and 10 were selected. is there evidence for disparate impact against african-americans based on the four-fifths rule?

Answers

No, there is no evidence.

Based on these results, there is no evidence of disparity against African Americans.

What is the fourth-fifths rule?

According to the four-fifths rule, discrimination on the basis of effects on a protected group is demonstrated if the selection rate for any group that is categorized by race, sexual orientation, or ethnicity is less than four-fifths of the rate for the group with the highest rate. This is known as a disparate impact.

Any employee-related choice made by the business, such as hiring, promotion, training, transfer, or layoff, may have a negative effect. The efficacy of a given test or selection process must be assessed in terms of choosing candidates only on the basis of traits pertinent to the position or task. However, it can put individuals of a certain race, gender, or ethnic group at a disadvantage.

For instance, if a corporation employs 50% of male candidates for positions in a profession where males predominate but only hire 20% of female applicants, this may constitute discrimination because women are hired at only 40% the rate of men, which violates the four-fifths rule.

Therefore, there is no evidence of disparity here.

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In which market structure can consumers most easily find substitutes?

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I think it's market with multiple trading partners.

If we only have one trading partner, we will not be able to fulfill our daily intakes for a certain resoure if somehow the stock is unavailable or the trading relation is ended.
If we have multiple trading partners, we just need to find that specific resources from other partners

Farmers in developing countries want the united states to reduce the subsidies that it gives to u.s. farmers because subsidized agricultural products from the united states: question 18 options:

Answers

Those farmers in the developing countries demand reduced subsidies because subsidized agricultural products from United States lead to an abundance or surplus of global agriculture. This surplus eventually leads to the prices in developing countries to lower, as a result of which the developing country farmers have to suffer.

Final answer:

U.S. agricultural subsidies can harm farmers in developing countries by flooding their markets with cheaper products, driving local farmers out of business. High-income countries often block agricultural exports from poorer countries, further impacting their economies. While there are proposals to reduce subsidies, they often face strong political opposition.

Explanation:

Farmers in developing countries may wish for the United States to reduce the subsidies it provides to its own farmers because these subsidized agricultural products impact global trade, and especially the economy of developing nations. When high-income countries like the United States subsidize their agricultural sector, it often results in an excess supply of those farm products. These excess products are then frequently exported or even given away to poorer countries. This influx of cheap or free goods can drive local farmers out of business as they cannot compete with the low prices.

Moreover, often these high-income countries block agricultural exports from low-income countries, adding to the economic hardship of farmers in these regions. Furthermore, agricultural economists and policy makers have offered numerous proposals for reducing farm subsidies. However, political support for subsidies often remains strong, whether because this is seen as supporting the traditional rural way of life or due to the powerful lobbying efforts of the agro-business.

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Where should one look for a general summary of the research completed on "direct instruction"?

Answers

the answer to this question is: Journal of Educational Research
The Journal of Educational Research publishes researches manuscript in the field of education every years.
This journal had almost all acknowledged research within this field and they use general summary in order to attract potential readers upon a certain educational topic

When information taken in through the senses is organized and understood, the process is referred to as _______?

Answers

The process of perception is a way of creating a mental impression that allows a person to become aware, comprehend or analyze information. Through this process, a person generates their own thoughts, judgments, beliefs, ideas and estimations by using visual, audio, taste and sensory elements that they interact with

What should you do when you open a checking account

Answers

To open a checking account, compare different financial institutions, set up direct deposit for paycheck, arrange automatic transfers for bill payments and regularly balance your checkbook to manage funds and avoid overdraft fees.

When opening a checking account, it is important to compare different banks or credit unions to find the best fit for your needs. Consider services, fees, convenience, and reputation when making a decision. Once you've selected an institution, the following steps are typically involved:

Have your paycheck directly deposited into Checking Account #1.Set up automatic transfers: $500 to Checking Account #2 for entertainment expenses, and $100 to your Savings Account each payday.Utilize your debit card or automatic bill pay for monthly expenses, making sure to balance your checkbook regularly to avoid overdraft fees and manage your money effectively.Limit your use of the debit card for Checking Account #2 to the monthly budget set for entertainment. Refill it every month with your budgeted amount and stop spending once it’s depleted.Keep extra funds in your savings account to earn interest. Consider setting up a 'sweep' to automatically move surplus funds at a certain time each month.

The variable over which service providers have little control is the emotional state of their customers.
a. True
b. False

Answers

This is true because there is no way for service providers to be able to control the emotional state of their customers. Even if a service provider is very friendly and helps the customer adequately, there is no way to ensure that the customer will be satisfied with the service/in a stable emotional state.
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Most carbohydrates and biological molecules are hydrophilic. what chemical property is shared by lipids What is 24.678 rounded to two decimal places The communist government of china currently accepts which religious tradition In a normal distribution, what percentage of scores fall between 1 and +1 standard deviation units of the mean? 1.2 And the earth was without form, and void; and darkness was upon the face of the deep. And the Spirit of God moved upon the face of the waters. 1.3 And God said, Let there be light: And there was light. 1.4 And God saw the light, that it was good: and God divided the light from the darkness. 1.5 And God called the light Day, and the darkness he called Night. And the evening and the morning were the first day. Genesis, 1:1-15 Which of these lines from the excerpt explains why God created light? A.and darkness was upon the face of the deep B.And the Spirit of God moved upon the face of the waters C.And the evening and the morning were the first day D.And God saw the light, that it was goodCan someone help???? Which act was intended to stop illegal activity? What activity was it supposed to stop? A new law must be passed before tomorrow. Which are the auxiliary verbs in the sentences underlined verb phrase?A.be, passed B.must, passed C.must, be, passed D.must, be A chemistry teacher needs to determine what quantity of sodium hydroxide to order The 1998 team payroll of the Baltimore orioles was $68,988,134 A _____ is responsible for assessing where patients go once they are discharged from a medical setting. Kelsey is asked to find the probability of rolling a composite number on a die. She states that this is a simple event. True or false What were some arguments for and against an absolute monarchy as proposed by hobbes? * your answer? solve (6-5x)/10-(2x+1)/5+x/3=2x/15 Which example is a graphic representation of the amount of animal and vegetable material at each trophic level?A- energy production pyramid B- biomass pyramidC- consumer pyramid D- energy joule diagram Prove that if an converges to a nonzero constant then 1/an is bounded A physician notices that a certain drug (md) that is used to control depression, also causes her patients to gain 40 lbs in 4 months. she gave a placebo to another group of patients and they did not gain weight and their depression episodes were not controlled. she presents the data on her subjects at a scientific meeting. choose the most complete answer to explain her findings. math question down below more than one answer Using only definition 2.2.3, prove that if (x A _____ is an object, person, or animal that represents something beyond itself. Which part of the nervous system would carry messages from a person's sore knee to alert him or her to stop running and rest? Steam Workshop Downloader