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Business, 06.08.2019 06:10 Reddolls

Economists normally assume that the goal of a firm is toi. earn profits as large as possible, even if it means reducing output. ii. earn revenues as large as possible, even if it means reducing profits. iii. minimize costs, regardless of profits. a. (i) onlyb. (i) and (ii) onlyc. (ii) and (iii) onlyd. (i), (ii), and (iii)

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Economists normally assume that the goal of a firm is toi. earn profits as large as possible, even i...
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