Firms That Survive in the Long Run Are Usually Those

question 78

Multiple Choice

Firms that survive in the long run are usually those that

• A) become as large as possible.
• B) remain small.
• C) use more capital rather than more labor.
• D) earn the largest possible profit.

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Definitions:

Temporary

Describing a condition or situation that is not permanent and is expected to last only for a limited period of time.

Creditor Beneficiary

A third party to whom one or both contracting parties owe a continuing debt of obligation arising from a contract.

Direct Right

This term is not commonly defined in legal or regulatory contexts; without further context, it might not refer to a widely recognized concept. NO.

Express Warranties

Express Warranties are explicit guarantees made by a seller about the quality, condition, or performance of a product, which become part of the sales contract.