The most commonly accepted objective for a firm is
A) to stay in business at all cost.
B) to maximize total revenue.
C) to maximize economic profit.
D) to minimize the variable cost outlay.
C
Economics
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When effects are irreversible, it may be sensible to treat their possible causes even if they cannot be identified with certainty
Indicate whether the statement is true or false
Economics
Poverty in the United States is defined as having an income that is less than the ____ level that is necessary to provide the basic necessities of life
a. sustainable b. relative c. absolute d. lowest quintile
Economics