The ultimate measure of performance of a firm is what the firm earns
FALSE.
The firm theory is a set of economic theories that explain and predict the nature of firms, firms, or firms, such as their existence, behavior, structure, and relationship with markets.
Business is an important engine of the economy, providing goods and services in exchange for monetary payment and rewards. Organizational structure, incentives, employee productivity, and information all influence a company's success within the economy and enterprise.
Important economic theories such as transaction cost theory, business management, and firm behavior theory allow detailed analysis of different types of firms and management.
learn more about the firm here; https://brainly.com/question/25817628
#SPJ4
