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Which Statement Reflects the Main Purpose of Private Sector Firms

Question 12

Multiple Choice

Which statement reflects the main purpose of private sector firms in the Canadian economy? Firms:  


A)  They are assumed to be socially responsible. 
B)  They have responsibilities for providing services that the government cannot provide. 
C)  They are assumed to try to maximize profit. 
D)  They seek to maximize sales.

Correct Answer:

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