Multiple Choice
The most important goal of the firm is to
A) maximise its sales volume.
B) maximise its revenues.
C) minimise its costs.
D) maximise its profits.
Correct Answer:

Verified
Correct Answer:
Verified
Q52: When the total product curve is drawn
Q53: The average total cost curve<br>A) increases eventually
Q54: Wanda takes $3,000 from her savings account
Q55: An electrician quits her current job, which
Q56: A firm's long- run average cost curve<br>A)
Q58: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The average total
Q59: Economies of scale refer to<br>A) a feature
Q60: Which of the following statements is correct?<br>A)
Q61: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -Based on the
Q62: Profit maximisation<br>A) makes a firm remain small