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When We Focus on the Firm as a Supplier of a Good

Question 174

Multiple Choice

When we focus on the firm as a supplier of a good or a service,we assume that the firm is a profit maximizer.When we focus on the firm as a demander of labour,what do we assume the firm's objective to be


A) minimize wages
B) minimize variable costs
C) maximize the number of workers hired
D) maximize profit

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