All the decisions made by people who operate firms have one overriding objective, which is to ________
A) make maximum attainable profit
B) maximize the firm's total revenue
C) maximize the firm's market share
D) maximize the quantity that the firm sells
A
Economics
You might also like to view...
The "real" interest rate charged on a loan is the
A) prime rate. B) prime rate plus the risk premium. C) the rate charged minus the costs of supplying credit. D) the rate charged minus the expected rate of inflation.
Economics
The number by which a change in the monetary base is multiplied to find the resulting change in the quantity of money is called the
A) desired reserve ratio. B) money multiplier. C) currency multiplier. D) currency drain. E) open market operation.
Economics