The goal of the firm is

A) low labor turnover.
B) to maximize sales.
C) to minimize costs.
D) profit maximization.

Answer: D

Economics

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Refer to Figure 2-13. What is the opportunity cost of producing 1 ton of coconuts in Costa Rica?

A) 3/8 of a ton of pineapples B) 2/3 of a ton of pineapples C) 1 1/2 tons of pineapples D) 100 tons of pineapples

Economics