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
Correct Answer:

Verified
Correct Answer:
Verified
Q169: Along the horizontal axis of the production
Q170: What happens to the labour supply in
Q171: With regard to capital earnings,what is it
Q172: Using the theory of wage determination,explain why
Q173: Which of the following best describes the
Q176: Which of the following people has the
Q177: What is a market in which there
Q178: What does a firm's labour-demand curve represent<br>A)the
Q179: Table 18-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Table 18-1
Q215: The quantity available of one factor of