menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 6: The Supply Curve and the Behavior of Firms
  5. Question
    Profit Maximization Is the Basic Assumption for All Types of Corporations,but
Solved

Profit Maximization Is the Basic Assumption for All Types of Corporations,but

Question 117

Question 117

True/False

Profit maximization is the basic assumption for all types of corporations,but not for sole proprietorships.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q13: Exhibit 6-7 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 6-7

Q33: A firm in a competitive market can

Q49: Producer surplus is just an economist's technical

Q88: Marginal cost increases because<br>A)marginal product decreases.<br>B)the price

Q104: Draw a graph of total revenue and

Q108: Production in the short run requires<br>A)no factor

Q122: Partnerships differ from sole proprietorships because partnerships<br>A)generate

Q145: If the market wage increases, marginal cost

Q161: Exhibit 6-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 6-3

Q178: Total revenue is the price of a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines