Multiple Choice
Firms base their business decisions on a desire to:
A) maximize output.
B) minimize costs.
C) maximize profits.
D) minimize negative externalities.
E) all of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: "What," "for whom," and "how" are problems
Q29: An imperfect competitor is anyone who buys
Q30: "Distribution" in economics refers to:<br>A)retailing, wholesaling, and
Q31: For whom goods are produced is a
Q32: Capital goods differ from other factors in
Q34: Barter is inconvenient because:<br>A)bargaining power is unequal
Q35: Which of the following is a negative
Q36: A "mixed economy" may involve both perfect
Q37: The Internet would be considered a negative
Q38: Capital is defined as:<br>A)the vacant lot next