If a firm is losing money, this implies that
a. consumers do not understand the value of the product.
b. the value of the resources used to make the product is being reduced.
c. the firm must go out of business immediately.
d. this product cannot be produced profitably in the long run.
B
You might also like to view...
According to Professor Baotai Wang who examined the crowding out phenomenon inCanada between 1961-2000, as discussed in the Case in Point, government expenditures for health and education
A) increased human capital and encouraged private sector investment, leading to crowding in. B) did not increase the rate of return on private investment and therefore led to crowding out. C) increased human capital and generated strong supply-side effects. D) led to only small increases in human capital.
The Heckscher-Ohlin model is an alternative to the classical theory of international trade that focuses on the factors of production that countries possess
Indicate whether the statement is true or false