Economists Normally Assume That the Goal of a Firm Is

Multiple Choice

Economists normally assume that the goal of a firm is to earn (i)
Profits as large as possible, even if it means reducing output.
(ii)
Profits as large as possible, even if it means incurring a higher total cost.
(iii)
Revenues as large as possible, even if it reduces profits.

A) (i) and (ii) only
B) (i) and (iii) only
C) (ii) and (iii) only
D) (i) , (ii) , and (iii)