juliettetgiordork1k2 juliettetgiordork1k2
  • 12-06-2018
  • Social Studies
contestada

What is the purpose of a firm?

to use natural resources wisely

to direct a centrally planned economy

to produce goods and services

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DukeMoseti
DukeMoseti DukeMoseti
  • 21-06-2018
To produce goods and services

The purpose of firms is to utilize factors of production, which include capital, land, labor and technology  in order to provide a demanded or needed product and service. A firm is usually profit making, they provide a vehicle for capital growth as well, which also provide a vehicle for savings growth, and create wealth






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edmondsonmilly
edmondsonmilly edmondsonmilly
  • 22-08-2019

Answer:

to produce goods and services.

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