Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please try to explain three questions with clear reason no copying please Eventually, even for very successful firms, growth of total revenues and profits levels

Please try to explain three questions with clear reason no copying please

Eventually, even for very successful firms, growth of total revenues and profits levels off and declines. Why?

Amazon offers customers a pay per delivery option as well as an Amazon prime subscription option. The subscription option costs a fixed amount per month, with a minimum ofa 12-month contract, and allows an unlimited number of deliveries per month. Why does Amazon offer the subscription option?

It is generally assumed firms that continually maximize profits in the short run, also will maximize profits over the long run. Do you agree? Explain.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Economics questions