Which of the following is the main goal of a continuing company?
A. To improve product quality
B. To enhance service to its customers
C. To maximize the value of the firm
D. To minimize costs
Answer: C
Economics
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Banks' asset portfolios include state and local government securities because
A) they help to attract business from these government entities. B) banks consider them helpful in attracting accounts of Federal employees. C) the Federal Reserve requires member banks to buy securities from state and local governments located within their respective Federal Reserve districts. D) there is no default-risk with state and local government securities.
Economics
Refer to Figure 8.1. The profit-maximizing output is
A) 30. B) 54. C) 60. D) 67. E) 79.
Economics