0
A firm is the name or designation under which a company transacts business. A household is a domestic unit consisting of the members of a family who live together along with nonrelatives such as servants.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where?
perfectly competitive industry become a monopoly， what changes
The circular flow of economic activity sHow is the interdependency of firm and household decision making?
The circular flow of economic activity shows the interdependency of firm and household decision making.TrueFalse TRUE
What happens to the difference between ATC and AVC as a firm's output expands?
The difference narrows. ATC is the sum of AVC and AFC.. Since AFC declines steadily as output rises, the difference between ATC and AVC must narrow steadily.
When a perfectly competitive firm is at its profit maximising level of output it is?
maximizing the difference between total revenue and total cost
Difference between running a firm in a short run and in a long run?
The short run is a firm's technology and the size of its factory, store, or office are fixed. In the long run, a firm is able to adopt new technology and to increase or decrease the size of its physical plant.
What is the difference between a publicly held firm and a publicly traded firm?
An icon
What is difference between family and household?
family are the people you are related to, the household is who you live with
What is the difference between firm and industry?
An industry is a type of business in the economy while a firm is a unit or entity carrying a portion of the business in an economy.
Difference between domestic firm and internatiomal firm in international financial management?
yahoo.com yahoo.com yahoo.com
What is difference between a domestic group and household?
There can be a 'domestic group' in my country. But surely they don't live in my household!
Difference between plant and firm?
The firm is the company as a whole. The plant is one of the company's facilities, normally one of its manufacturing facilities.
What is the difference between single and fiing head of household?
The difference between filing single and head of household is the type of situation the tax filer has. Filing head of household can lead to a lesser tax paid for the year. If a person is single, but has dependents, it is better to file head of household. If a person is single with no dependents, a person should file as single.
Difference between firm and industry?
a firm is a business unit that operates under a single management. while industry is a group of firm that produce similar products for the same market.
What is the difference between hhps and whmis products?
WHMIS products are for workplace , used in a lab , where HHPS is a household plce , where products are used for household!
What is the difference between household and home?
A home (or house) is the structure/building made for people to live in. Where as a household are the occupants of the building and the building itself.
What is the differences between private limited company limited company?
Difference between Private Limited and Limited firm
What is the difference between inter-firm and intra-firm in context of distribution reqiurement planning?
Inter-firm distribution is the process of distributing services, information, or products between two or more different firms. Intra-firm distribution is distribution of services, information, or products within one single firm.
