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if the u.s. congress passed another major business tax cut bill, then it would be possible for the long-run average total cost curve of an entire industry to shift down. logically this should mean that the profit potential for the firms in that industry should increase. (this should be an easy question)

Sagot :

Profit possible is the manageable for a product to generate income which, after expenses, leads to internet income.

How do you find viable profit?

The achievable for profit on any product can be found by means of subtracting anticipated prices from anticipated revenue. Multiply stock numbers by sales fee to discover the anticipated revenue. Thus, stock times sales price minus costs equals plausible profit.

Why is income practicable important?

Earning a profit is vital to a enterprise due to the fact profitability affects whether or not a enterprise can impervious financing from a bank, appeal to buyers to fund its operations and develop its business. Companies cannot stay in commercial enterprise besides turning a profit.

Learn more about profit potential here:

https://brainly.com/question/29105252

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