1.4. Consider a rational, profit-maximizing business firm. What motivations might the firm have that are not directly...

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1.4. Consider a rational, profit-maximizing business firm. What motivations might the firm have that are not directly related to making a profit? For example, what if the firm made a donation to a community organization or voluntarily cleaned up pollution resulting from its production process?

Why might it do this? How about if it offered employees a good healthcare plan or subsidized day care? Are these actions all ultimately directed at making more profit, or could there be something else involved?

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Macroeconomics In Context

ISBN: 9781032170374

4th Edition

Authors: Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Pratistha Joshi Rajkarnikar, Brian Roach, Mariano Torras

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