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    Economics Principles and Policy Study Set 2
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    Exam 8: Output, Price, and Profit: the Importance of Marginal Analysis
  5. Question
    Why Assume That Firms Maximize Profit, When It Is Easy
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Why Assume That Firms Maximize Profit, When It Is Easy

Question 8

Question 8

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Why assume that firms maximize profit, when it is easy to find companies that pursue other goals such as saving rain forests (Ben and Jerry's) and sponsoring Mister Rogers (Sears)?

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Assuming that the two cited firms are no...

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