If a Firm Is to Create Profit,the First Condition Is

question 41

True/False

If a firm is to create profit,the first condition is that it must supply a product for which the price the customer is willing to pay exceeds the cost incurred in supplying that product.

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Definitions:

Months

Units of time in calendars approximately equivalent to the natural period related to the motion of the Moon; used to measure durations shorter than a year and longer than a day.

Single Words

are linguistic units that contain meaning and can stand alone as a statement, question, or command.

Months

Divisions of the year, typically twelve, used in calendars to organize time into manageable units based on the Earth's orbit around the Sun.

Mama

A common informal term for a mother, representing a primary female guardian or caregiver.