In the economic process people are always concerned with making a profit True or false?

In the economic process people are always concerned with making a profit True or false?
by

1 Answer

Answer :

The statement is false.
by

Related questions

The Strategic Management Process is ------------- : A. A set of activities that is guaranteed to prevent Organizational failure B. A process concerned with a Firm’s Resources, Capabilities & Competences but not the conditions in it’s external environment C. A set of activities that to-date have not been used successfully in the not-for-profit sector D. A dynamic process involving the full set of commitments, decisions and actions related to the Company

Description : The Strategic Management Process is ------------- : A. A set of activities that is guaranteed to prevent Organizational failure B. A process concerned with a Firm's Resources, ... D. A dynamic process involving the full set of commitments, decisions and actions related to the Company

Last Answer : A dynamic process involving the full set of commitments, decisions and actions related to the Company

The technology life cycle concerned with the time and cost of developing the technology a.TRUE b.FALSE c. d.

Description : The technology life cycle concerned with the time and cost of developing the technology a.TRUE b.FALSE c. d.

Last Answer : a.TRUE

Hollow saddle key is superior to flat saddle key as far as power transmitting capability is concerned. a) True b) False

Description : Hollow saddle key is superior to flat saddle key as far as power transmitting capability is concerned. a) True b) False

Last Answer : b) False

Hollow saddle key is superior to flat saddle key as far as power transmitting capability is concerned. a) True b) False

Description : Hollow saddle key is superior to flat saddle key as far as power transmitting capability is concerned. a) True b) False

Last Answer : b) False

NLP is concerned with the interactions between computers and human (natural) languages. a) True b) False

Description : NLP is concerned with the interactions between computers and human (natural) languages. a) True b) False

Last Answer : a) True

A profit centre is a centre (a) Where the manager has the responsibility of generating and maximising profits (b) Which is concerned with earning an adequate Return on Investment (c) Both of the above (d) Which manages cost

Description : A profit centre is a centre (a) Where the manager has the responsibility of generating and maximising profits (b) Which is concerned with earning an adequate Return on Investment (c) Both of the above (d) Which manages cost

Last Answer : (a) Where the manager has the responsibility of generating and maximising profits

Lyle is concerned about the difference between a companys salaries for its white workers and its colombian workers. in order to place economic pressure on the company what does lyle need to do?

Description : Lyle is concerned about the difference between a companys salaries for its white workers and its colombian workers. in order to place economic pressure on the company what does lyle need to do?

Last Answer : plan a boycott or a strike -apex

The economic concerned with individual unit i.e., single industry, form or single consumer.

Description : The economic concerned with individual unit i.e., single industry, form or single consumer.

Last Answer : Ans. Micro economics

The producer usually is most concerned about the a). Competitive threshold b). Economic threshold c). Both a and b d). None of the above

Description : The producer usually is most concerned about the a). Competitive threshold b). Economic threshold c). Both a and b d). None of the above

Last Answer : b). Economic threshold

............................... is concerned with determination of the most economic replacement policy. a. Probabilistic programming b. Linear programming c. Search theory d. Replacement theory

Description : ............................... is concerned with determination of the most economic replacement policy. a. Probabilistic programming b. Linear programming c. Search theory d. Replacement theory

Last Answer : d. Replacement theory

_____________ is primarily concerned with the identification, qualification and evaluation of the project resources. A. Techno-economic analysis. B. Feasibility analysis. C. Input analysis. D. Financial analysis.

Description : _____________ is primarily concerned with the identification, qualification and evaluation of the project resources. A. Techno-economic analysis. B. Feasibility analysis. C. Input analysis. D. Financial analysis.

Last Answer : B.Feasibility analysis.

____________ is primarily concerned with the identification of the project demand potential and the selection of the optimal technology. A. Techno-economic analysis. B. Feasibility analysis. C. Input analysis. D. Financial analysis.

Description : ____________ is primarily concerned with the identification of the project demand potential and the selection of the optimal technology. A. Techno-economic analysis. B. Feasibility analysis. C. Input analysis. D. Financial analysis.

Last Answer : A. Techno-economic analysis.

Which of the following learner characteristics are likely to influence the effectiveness of teaching aids and evaluation systems to ensure positive results? (A) Learner’s family background, age and habitation. (B) Learner’s parentage, socio-economic background and performance in learning of the concerned subject. (C) Learner’s stage of development, social background and personal interests. (D) Learner’s maturity level, academic perfor mance level and motivational dispositions.

Description : Which of the following learner characteristics are likely to influence the effectiveness of teaching aids and evaluation systems to ensure positive results? (A) Learner's family background, age and ... . (D) Learner's maturity level, academic perfor mance level and motivational dispositions. 

Last Answer : (D) Learner’s maturity level, academic perfor mance level and motivational dispositions.

Assertion (A): There are several goods and services that society needs however private sector doesn‘t produce all of them. Reason (R): Private sector is profit driven. (a) Both A & R are true and R is the correct explanation of A (b) Both A & R are true but R is not the correct explanation of A. (c) A is true but R is false. (d) Both A & R are false.

Description : Assertion (A): There are several goods and services that society needs however private sector doesn t produce all of them. Reason (R): Private sector is profit driven. (a) Both A & R are true and R is the correct ... correct explanation of A. (c) A is true but R is false. (d) Both A & R are false.

Last Answer : (a) Both A & R are true and R is the correct explanation of A

Which of the following statements is true ? 1. Marketing makes the company to go into loss due to higher expenses 2. Marketing is not required in profit making companies 3. Marketing sharpens the minds of the employees 4. Marketing is a time bound seasonal function 5. Marketing is a waste of time

Description : Which of the following statements is true ? 1. Marketing makes the company to go into loss due to higher expenses 2. Marketing is not required in profit making companies 3. Marketing sharpens the ... the employees 4. Marketing is a time bound seasonal function 5. Marketing is a waste of time

Last Answer : Marketing sharpens the minds of the employees

Which of the following statements is true 1. Marketing makes the company to go into loss due to higher expenses 2. Marketing is not required in profit making companies 3. Marketing sharpens the minds of the employees 4. Marketing is a time bound seasonal function 5. Marketing is a waste of time

Description : Which of the following statements is true 1. Marketing makes the company to go into loss due to higher expenses 2. Marketing is not required in profit making companies 3. Marketing sharpens the ... the employees 4. Marketing is a time bound seasonal function 5. Marketing is a waste of time

Last Answer : Marketing is a time bound seasonal function

The Branch of Accounting which is concerned with the processing and presenting data for decision making is known as– (A) Common Dollar Accounting (B) Social Accounting (C) Cost Accounting (D) Management Accounting

Description : The Branch of Accounting which is concerned with the processing and presenting data for decision making is known as– (A) Common Dollar Accounting (B) Social Accounting (C) Cost Accounting (D) Management Accounting

Last Answer : Answer: Management Accounting

Records of a PO or a mail office should be produced to a Police officer who is making an investigation in a cognizable case under CRPC a) After getting the approval of Head of the circle b) After approval of the divisional Head c) After getting written order form the police concerned d) None of these

Description : Records of a PO or a mail office should be produced to a Police officer who is making an investigation in a cognizable case under CRPC a) After getting the approval of Head of the circle b ... approval of the divisional Head c) After getting written order form the police concerned d) None of these

Last Answer : c) After getting written order form the police concerned

Which among the following is correct about the 'Artificial Intelligence': a) It is the science and engineering of making intelligent machines, especially intelligent computer programs. b) Artificial Intelligence is the intelligence exhibited by machines or software. c) Artificial Intelligence is the branch of computer science concerned with making computers behave like humans. d) All of the Above e) None of These

Description : Which among the following is correct about the 'Artificial Intelligence': a) It is the science and engineering of making intelligent machines, especially intelligent computer programs. b) Artificial Intelligence is ... with making computers behave like humans. d) All of the Above e) None of These

Last Answer : d) All of the Above

True or False: 300 years from now when humanity studies the late 1990's into the 2000's outsourcing will be main reason why the U.S.A. lost it's grip on being the worlds #1 economic superpower?

Description : True or False: 300 years from now when humanity studies the late 1990's into the 2000's outsourcing will be main reason why the U.S.A. lost it's grip on being the worlds #1 economic superpower?

Last Answer : How about spiraling national debt incurred in no small part due to our most recent imperialist adventures?

Energy is one of the major input for the economic development of any country. A) true B) false

Description : Energy is one of the major input for the economic development of any country. A) true B) false

Last Answer : TRUE

Is defined as an economic and political system in which a country's trade and industry are controlled by private owners for profit rather than by the state.?

Description : Is defined as an economic and political system in which a country's trade and industry are controlled by private owners for profit rather than by the state.?

Last Answer : Feel Free to Answer

What is the economic system in which means of production and distribution are privately owned and operated for profit under competitive conditions?

Description : What is the economic system in which means of production and distribution are privately owned and operated for profit under competitive conditions?

Last Answer : The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.

Economic profit or normal profit is the same as - (1) optimum profit (2) accounting profile (3) maximum profit (4) net profit

Description : Economic profit or normal profit is the same as - (1) optimum profit (2) accounting profile (3) maximum profit (4) net profit

Last Answer : (4) net profit Explanation: Normal profit or economic profit is an economic condition occurring when the difference between a firm's total revenue and total cost is equal to zero. Simply put, normal ... occurs when revenues are greater than costs, and not equal, as in the case of normal profit.

Which is the most common method of measuring economic development? a. Profit loss b. Income c. Sales d. Import-export

Description : Which is the most common method of measuring economic development? a. Profit loss b. Income c. Sales d. Import-export

Last Answer : b. Income

Which is the most common method of measuring economic development? a. Profit loss b. Income c. Sales d. Import-export

Description : Which is the most common method of measuring economic development? a. Profit loss b. Income c. Sales d. Import-export

Last Answer : b. Income

The gross domestic product is 1. a measure of the profit made by all firms in the nation 2. the average annual earnings per person in the nation 3. a measure of the types of products produced by a nation 4. an overall measure of a nation's economic standing 5. none of these

Description : The gross domestic product is 1. a measure of the profit made by all firms in the nation 2. the average annual earnings per person in the nation 3. a measure of the types of products produced by a nation 4. an overall measure of a nation's economic standing 5. none of these

Last Answer : an overall measure of a nation's economic standing

Compared to the case of perfect competition, a monopolist is more likely to: a. charge a higher price b. produce a lower quantity of the product c. make a greater amount of economic profit d. all of the above

Description : Compared to the case of perfect competition, a monopolist is more likely to: a. charge a higher price b. produce a lower quantity of the product c. make a greater amount of economic profit d. all of the above

Last Answer : d. all of the above

Given competitive conditions, a firm in the long run earn (a) Quasi-rent (b) Pure-rent (c) Normal profit (d) Economic profit

Description : Given competitive conditions, a firm in the long run earn (a) Quasi-rent (b) Pure-rent (c) Normal profit (d) Economic profit

Last Answer : (c) Normal profit

The gross domestic product is A)a measure of the profit made by all firms in the nation. B)the average annual earnings per person in the nation. C)a measure of the types of products produced by a nation. D)an overall measure of a nation's economic standing.

Description : The gross domestic product is A)a measure of the profit made by all firms in the nation. B)the average annual earnings per person in the nation. C)a measure of the types of products produced by a nation. D)an overall measure of a nation's economic standing.

Last Answer : D)an overall measure of a nation's economic standing.

A firm that makes profit in excess of normal profit is earning (a) Economic profit ; (b) Costing profit ; (c) Normal profit ; (d) Super normal profit

Description : A firm that makes profit in excess of normal profit is earning (a) Economic profit ; (b) Costing profit ; (c) Normal profit ; (d) Super normal profit

Last Answer : ; (d) Super normal profit

A firm that break even after all the economic costs are paid in earning (a) Economic profit ; (b) Accounting profit ; (c) Normal profit ; (d) Super normal profit

Description : A firm that break even after all the economic costs are paid in earning (a) Economic profit ; (b) Accounting profit ; (c) Normal profit ; (d) Super normal profit

Last Answer :  (c) Normal profit ;

Economic profit or normal profit is the same as : (1) optimum profit (2) accounting profile (3) maximum profit (4) net profit

Description : Economic profit or normal profit is the same as : (1) optimum profit (2) accounting profile (3) maximum profit (4) net profit

Last Answer : net profit

1+1=2. This is a true statement. Is there any logical way of making it false?

Description : 1+1=2. This is a true statement. Is there any logical way of making it false?

Last Answer : Er…ho hum? Two is one number, not two ones, so those two ones don’t add up unless they merge together like some creepy reversed Siamese plant monster.

The smoothing method reduces the scale of conflict by making differences seem less important. (True/False)

Description : The smoothing method reduces the scale of conflict by making differences seem less  important. (True/False)

Last Answer : Ans. True

While making the payment of amount which is due for civil work to government agencies , the full amount can be paid The above statement is a. True b. False c. Subject condition and considering the circumstance , the advance payment of full amount shall be drawn

Description : While making the payment of amount which is due for civil work to government agencies , the full amount can be paid The above statement is a. True b. False c. Subject condition and considering the circumstance , the advance payment of full amount shall be drawn

Last Answer : c. Subject condition and c

What is the single word that can best describe today s business? A. Technology. B. Profit Making. C. Change. D. People.

Description : What is the single word that can best describe today s business? A. Technology. B. Profit Making. C. Change. D. People.

Last Answer : C. Change.

A merchant claims to sell goods at his cost price. But by using false weights, he give only 600 gm of goods for every 1 kg that he buys.What is his profit percentage? a)40% b)100% c)60% d)66 2/3%

Description : A merchant claims to sell goods at his cost price. But by using false weights, he give only 600 gm of goods for every 1 kg that he buys.What is his profit percentage? a)40% b)100% c)60% d)66 2/3%

Last Answer : d)66 2/3%

“Three gods, A, B, and C, are called, in some order, True, False, and Random. True always speaks truly, False always speaks falsely, but whether Random speaks truly or falsely is completely random. You must determine the identities of A, B, and C by asking three yes-or-no questions, and each question must be posed to exactly one god. The gods understand English but will answer all questions in their own language. In their unknown language, the words for “yes” and “no” are “da” and “ja,” in some order. You do not know which word means which.” -Riddles

Description : Three gods, A, B, and C, are called, in some order, True, False, and Random. True always speaks truly, False always speaks falsely, but whether Random speaks truly or falsely is completely random. You must ... are da and ja, in some order. You do not know which word means which. -Riddles

Last Answer : We're willing to bet that your brain feels pretty busted at this point. If you're ready to throw in the towel and hear the solution, we won't tell! Here are the three questions you ... start sorting out the solution with this 2008 paper, which claims to have the easiest answer to the brainteaser.

Three gods, A, B, and C, are called, in some order, True, False, and Random. True always speaks truly, False always speaks falsely, but whether Random speaks truly or falsely is completely random. You must determine the identities of A, B, and C by asking three yes-or-no questions, and each question must be posed to exactly one god. The gods understand English, but will answer all questions in their own language. In their unknown language, the words for 'yes' and 'no' are 'da' and 'ja', in some order. You do not know which word means which. So, which questions would you ask to identify each god? And no, it’s not a trick question. As a matter of fact, there are multiple ways to get the correct answer. -Riddles

Description : Three gods, A, B, and C, are called, in some order, True, False, and Random. True always speaks truly, False always speaks falsely, but whether Random speaks truly or falsely is completely random. ... a trick question. As a matter of fact, there are multiple ways to get the correct answer. -Riddles

Last Answer : 1. To god A: Does da' mean yes' if and only if you are True and if and only if B is Random? (We supposed A said, ja, making B True or False). 2. To god B: Does da mean yes' if and ... only if A is Random? Since B's True, he must say da, which means A is Random, leaving C to be False.

true or false: a low bal will always cause a hangover. -General Knowledge

Description : true or false: a low bal will always cause a hangover. -General Knowledge

Last Answer : A low BAL will always cause a hangover. False.

If the corresponding angles of two triangles are equal, then they are always. State true or false and justify your answer. -Maths 9th

Description : If the corresponding angles of two triangles are equal, then they are always. State true or false and justify your answer. -Maths 9th

Last Answer : Solution :- False, because two equilateral triangles with sides 3 cm and 6 cm respectively have all angles equal, but the triangles are not congruent.

The graph of a linear equation in two variables always passes through three quadrants of the graph paper. True/false -Maths 9th

Description : The graph of a linear equation in two variables always passes through three quadrants of the graph paper. True/false -Maths 9th

Last Answer : answer:

The graph of a linear equation in two variables is always a straight line. True/false -Maths 9th

Description : The graph of a linear equation in two variables is always a straight line. True/false -Maths 9th

Last Answer : answer:

The solutions of a linear equation in two variables always take integral values .True / false -Maths 9th

Description : The solutions of a linear equation in two variables always take integral values .True / false -Maths 9th

Last Answer : answer:

RUMORS! "In every rumor, there's always an atom of truth". TRUE OR FALSE?

Description : RUMORS! "In every rumor, there's always an atom of truth". TRUE OR FALSE?

Last Answer : That's very right because I have believed that there's no way someone can just come up with some fake story which he/she doesn't have any clue about. If someone is thought to spread rumours, then ... spreading rumours isn't a good idea whether they're real or fake rumours. Its such a bad behavior.

Are the following statements true or false ? Give reasons . In a closed economy , gross domestic product is always equal to gross national product .

Description : Are the following statements true or false ? Give reasons . In a closed economy , gross domestic product is always equal to gross national product .

Last Answer : Are the following statements true or false ? Give reasons . In a closed economy , gross domestic product is always equal to gross national product .

Is this true or false and why The gcf of any two even numbers is always even?

Description : Is this true or false and why The gcf of any two even numbers is always even?

Last Answer : True. Even numbers are even because they are multiples of 2.That means that any two even numbers will have at least 2 as acommon factor. Since that number (the GCF) will have 2 as a factor,it will be a multiple of 2: an even number.

Good plans always do not allow for flexibility to adapt to changing circumstances. (True/False)

Description : Good plans always do not allow for flexibility to adapt to changing circumstances.  (True/False)

Last Answer : Ans. False