A business firm's profitability is based in part on the
A) prices of their nonlabor inputs.
B) productivity of their workers.
C) wages they must pay their workers.
D) business taxes they must pay.
E) all of the above

Question

Quizplus · Accepted Answer

A business firm's profitability is influenced by various factors including the prices of nonlabor inputs, worker productivity, wages, and business taxes. All these elements can affect the cost structure and revenue potential of a firm, thereby impacting its overall profitability.

A Business Firm's Profitability Is Based in Part on the