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More profit, . (Economies of Scale, Competition, Monopoly, Lower Tax,…
More profit
More profit from ...
Monopoly
Competition
Specialisation (purchasing eos)
Investing in Capital (technical eos)
More sales from more demand (lower tax)
The Cycle!!! Affecting all econ groups!
.
More revenue
More sales
More demand
Less Substitutes
.
Inelastic Demand
Price decrease for Complements
If PED is elastic
Price Competition
More Income
More wages
More profit
Lower Income Tax
Fashion/Trends
Advertising
Competition on Advertising
Population
More supply
Lower Factor Prices
Less demand for FoP
Less firms in a market
MONOPOLY!!!
Lower Costs of Production
.
Lower Taxes
Incentive to produce more
Lower corporation tax
Better Technology
Technical Economies of Scale
Investment
MORE PROFIT!!!
UNEMPLOYMENT!!!!!
Better Cimate
Environmental Sustainability
Use of Renewables - Continued Supply
More Production
Competition
Raise prices (if PED = inelastic)
Brand Loyalty
Unique g/s
Better Quality
Quality Competition
More firms
Lower costs
Economies of Scale
Investing
Confidence in a firm
More profit
.
.
More Productivity
Specialisation
Bulk-buying (Purchasing e.o.s.)
more investment
economies of scale
lower costs
.
Economies of Scale
Purchasing
Lower Costs
Technical
More technology
More Productivity
Marketing
Financial
Competition
Advertising Competition
More advertising
More
DEMAND
Demand for workers increases (derived demand)
More employment opportunities.
People get more income from jobs.
People can better satisfy their needs/wants.
They maximise their happiness.
Price Competition
Lower prices
Quality
Better Quality
Unique g/s
Brand Loyalty
Monopoly
Less Substitutes
Inelastic Demand
Price increase
More Revenue
More profit
.
Higher salaries for workers
Workers have a higher standard of living
2 more items...
More likely to survive in a market
More Competitive Firm
1 more item...
Promotes Confidence of the firm
1 more item...
Investment back into business
Business Growth
1 more item...
Government gets more corporation tax revenue
More government spending
1 more item...
More confidence in a firm.
Can purchase on credit.
Better rate of interest from bank.
Less firms in a market
Less demand in the Factor Market
Lower Factor Prices
More
SUPPLY
More sales
Lower Tax
Less Income Tax
More (Disposable) Income
Less Corporation Tax
,
Lower Interest Rate
Less expensive to get a loan
Reward for saving decreases
Firms save less and spend more
Firms invest
People save less & spend more
Causes & Consequences of More Profit
More Revenue
More sales
More Demand
More advertising
Marketing E.O.S
More income
More wages
Demand for labour is high
Demand for the product
Profitability of firm
Productivity of workers
More qualified workers
Better education
1 more item...
Higher costs for capital
More employment
Lower Interest Rates
Bigger population
Fashion/Trends
Brand Loyalty
Unique g/s
Better quality
Investing in Quality
Competition on Quality
Monopoly
Lower Prices
More Supply
Higher Prices
More Production
More technology
Lower costs for Capital
Competition in Technology Market
Availability of Capital
More Choice
Incentive for firms to produce
More subsidies
More government spending
More Taxes
Lower Taxes
Better Climate
Better Environmental Sustainability
More "green" government
Lower Costs
Lower Costs
Economies of Scale
Financial
More trust
Bigger size, older age of firm.
Technical
Lower costs for capital
More Productivity
More workers
More supply of workers
Non-monetary benefits
More qualifications
Better education
Government investment into education
Government Spending
Income Tax Revenue
1 more item...
Corporation Tax Revenue
Higher Wages
Lower deductions from pay
Less income tax
Specialisation