中国大学MOOC: Suppose that the government imposes a business licence fee of $100 on all firms. Profit-maximizing firms that stay in business will respond to this tax by
doing nothing
举一反三
- Suppose that the government imposes a business licence fee of $100 on all firms. Profit-maximizing firms that stay in business will respond to this tax by A: raising prices to pay the tax B: cutting output to reduce costs C: lowering prices to stimulate sales D: doing nothing
- Suppose that the government imposes a business licence fee of $100 on all firms. Profit-maximizing firms that stay in business will respond to this tax by A: raising prices to pay the tax. B: cutting output to reduce costs. C: lowering prices to stimulate sales. D: doing nothing.
- For many financial firms, the best way to improve all aspects of their business is to __________.
- The weak axiom of profit maximizing behavior states that in a modern mixed economy, firms have only a weak incentive to maximize profits.
- Owners of business firms are the only people who need accounting information.
内容
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In perfect collusion， the firms are producing the joint profit-maximizing output。（ ）
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Firms maximize profit when
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If firms in an industry earn zero profit, other firms would like to enter this market.
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A country’s economic system__? A: Shows a country’s culture and foreign firms must study this well; B: Is about government ownership of and intervention in business; C: Is a result of disagreements on international trade policy; D: Is all about barriers on direct foreign investment.
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In the simple circular-flow diagram, the participants in the economy are A: firms and government. B: households and firms. C: households and government. D: households, firms, and government.