Show Recommended textbook solutionsKrugman's Economics for AP2nd EditionDavid Anderson, Margaret Ray 1,042 solutions Principles of Economics8th EditionN. Gregory Mankiw 1,333 solutions Principles of Macroeconomics5th EditionN. Gregory Mankiw 446 solutions Foundations of Microeconomics7th EditionMichael Parkin, Robin Bade 533 solutions What is an organization that provides goods and services while seeking to operate at a profit?A firm is a for-profit business organization—such as a corporation, limited liability company (LLC), or partnership—that provides professional services.
What organization that strives forA business is an organization that strives for a profit by providing goods and services desired by its customers. Businesses meet the needs of consumers by providing medical care, autos, and countless other goods and services.
What is the money a company earns from providing services or selling goods to customers?Revenue is the money a company earns from the sale of its products and services.
What is a firm in a business?A firm is a business organization that seeks to make a profit through the sale of goods and services. The term firm is synonymous with business or company. Firms can operate under several different structures, including sole proprietorships and corporations.
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