kekemays1699 kekemays1699
  • 03-01-2020
  • History
contestada

1. What is supply? Why is profit the major determinant of the amount a producer is willing to

supply?

Respuesta :

agrippa agrippa
  • 06-01-2020

Answer:

Profit Motive

Explanation:

The amount of a resource that producers, firms and economic agents are able and willing to provide to the marketplace is known as Supply. If the suppliers are receiving great incentive to produce more then they will increase the production and it will increase the supply. A business man's goal to earn profit is called profit motive.  In free enterprise the profit motive allows the businesses to compete with each other.

Answer Link

Otras preguntas

An equation is... ____________.
the mean of five data is 10. if a new variate is included, the mean of the six data becomes 11. Find the sixth data.​
1. What does too mean? Select all correct answers. I overly one plus one very also
what do you think Americans thought of FDR?
The velocity v(t) of a particle as a function of time is given by v(t) = (2. 3 m/s) + (4. 1 m/s2)t - (6. 2 m/s3)t2. What is the average acceleration of the part
Assignment 6: Animation python
A clothing store is having a sale on shoes of 40% off the original price. They have not marked the new price on any of the shoes. Write an equation that you cou
How is the primary somatosensory cortex organized?.
which set of equations would have infinite solutions?
Only number 16 I need help with