menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 9: Maximizing Profit
  5. Question
    It Is Clear from the Text That Most Economists Assume
Solved

It Is Clear from the Text That Most Economists Assume

Question 120

Question 120

Multiple Choice

It is clear from the text that most economists assume the primary goal of all firms is to


A) maximize sales
B) minimize cost
C) maximize efficiency
D) maximize profit
E) minimize loss

Correct Answer:

verifed

Verified

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

Related Questions

Q115: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit I-8,

Q116: Suppose that you have returned from your

Q117: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -Suppose, in Exhibit

Q118: Marginal cost is always greater than zero,

Q119: The profit outcome achieved by setting MC

Q121: You're called in as a consultant: Price

Q122: All economists agree that the firm's only

Q123: An entrepreneur can be fairly certain about

Q124: According to William Baumol, many corporate managers

Q125: A fishing boat owner sells her entire

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