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Yes offcourse. Executives of most major firms believe that firms do try to maintain high ethical standards in all of their business dealings. Furthermore, most executives believe that there is a positive correlation between ethics and long-run profitability. Conflicts often arise between profits and ethics. Companies must deal with these conflicts on a regular basis, and a failure to handle the situation properly can lead to huge product liability suits and even to bankruptcy. There is no room for unethical behavior in the business world.
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Why monopoly firms make supernormal profit in long run?
because , because , because , because , because, because, do it your self you lazy c**t
How does the government control output in a Communist system?
In a communist system (small 'c'), the government does not allocate any output. In a Communist system (big 'c'), the government, historically, has taken direct control of firms, mandated their production levels (or quotas), given them all the inputs considered necessary in production (from other quotas), and then takes a portion of their output for redistribution.
What is the transitivity of preferences?
Transity of preference is one of the axioms common to most models of decision theory. It means that if choice A is preferred over choice B and choice B is preferred over choice C, then choice A should be preferred over choice C.
What are the factors that promote economic growth in countries?
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How does monopolists maximize profits?
A monopolist maximizes profits by choosing an output such that marginal revenue equals marginal cost. This is in contrast to a perfect competition where firms maximizes profits at price equal to marginal cost. Mathematically, the monopolist profit can be calculated as such: π = pq-cq, where π is the profits, p is the price, c is the marginal cost and q is the quantity The price reflects the inverse demand function; p=a-bq, where a is a constant and b is the slope (e.g. p=100-2q) If we insert this expression into the profit function it can be written as follows: π = (a-bq)q-cq Taking first order conditions (The derivative of π with respect to q) and put the condition equal to zero (Finding the stationary point (maximum) for the function): dπ/dq= 0 --> -bq+a-bq-c=0 Rewriting the expression: a-2bq=c, where a-2bq is the marginal revenue, and c is the marginal cost Solving this expression with respect to q: q=(a-c)/2b This is the optimal output of the monopolist, to find the price we insert this expression inte to expression for p we had earlier: p=a-b(a-c)/2b Rewritten: p=(a+c)/2 This is the optimal price of the monopolist. To find the profit we now insert the expression for optimal output and optimal price into the profit expression: π = (a-bq)q-cq --> π = ((a+c)/2-c)(a-c)/2b Simplifying and rewriting the expression we get: π = (a-c)^2/4b This might look a bit challenging if you are not used to working with algebra on general form, however, if you insert your specific numbers in the beginning it is quite straight forward.
According to the hastings report one of the biggest inhibitors to people's ability to behave ethically is?
I took the quiz and it is C) A lack of time to reflect to consider ethics
What has the author C McLelland written?
C. McLelland has written: 'Small firms in Glasgow'
What are some good IT consulting firms in London?
There are many good IT consulting firms located in London, England. Firms such as Bain and Company, Oliver Wyman, OC and C Strategy, and Candesic are all good IT Consulting Firms in London.
What has the author James C Emerson written?
James C Emerson has written: 'The Emerson report' -- subject(s): Consolidation and merger of corporations, Accounting firms 'Careers in public accounting' -- subject(s): Accounting firms, Big business
How does c behave as low level language through pointers?
It doesn't. You must have misunderstood something.
Which element will behave similarly to C in the periodic talbe?
Silicon (Si) will behave similarly to Carbon (C) in the periodic table as they are in the same group (Group 14) and have similar chemical properties. Both elements can form covalent bonds and have similar reactivity patterns.
What has the author C Freeman written?
C. Freeman has written: 'The role of small firms in innovation in the United Kingdom since 1945' -- subject(s): Small business, Technological innovations
What has the author Mark C Suchman written?
Mark C. Suchman has written: 'On the role of law firms in the structuration of Silicon Valley' -- subject(s): Practice of law, Organizational behavior
What element would you expect to behave the most like carbon (C)?
Silicon (Si) would be expected to behave the most like carbon (C) due to their similar chemical properties and positions in the periodic table. Both elements can form strong covalent bonds, resulting in similar types of compounds and structures.
Which element would you expect to behave the most like carbon (C)?
Silicon (Si) would be expected to behave most like carbon (C) due to its position below carbon in the same group on the periodic table. This means they have similar chemical properties and can form similar types of bonds.
What has the author Howard C Westwood written?
Howard C. Westwood has written: 'Covington & Burling, 1919-1984' -- subject(s): Biography, Covington & Burling, History, Law firms, Lawyers
Why monopoly firms make supernormal profit in long run?
because , because , because , because , because, because, do it your self you lazy c**t
