The fact that a consumer is not required to buy the goods


The fact that a consumer is not required to buy the goods that a given firm produces, as well as the fact that the consumer might want the goods a firm produces, but may choose to buy from other firms instead.

a) are two stark realities any business firm must recognize.

b) will reduce the revenue a firm receives and it should shut down.

c) is part of the process to a sustained pattern of profits.

d) means the firm has reached it shutdown point and should exit.

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Business Economics: The fact that a consumer is not required to buy the goods
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