10. The idea of profit maximization has come under attack from many quarters. Many economists believe that firms don’t behave that way. They offer competing views of firm behavior, among them all of the following except

a. survival of the managerial bureaucracy.

b. empire building.

c. maximizing sales.

d. believing that stockholders, who would choose to maximize profit, do not determine firm behavior.

e. believing that stockholders have become more sensitive to the noneconomic concerns of the firm.