Economists assume that firms act to maximize profits because Question 17 options: that is what firms must

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Economists assume that firms act to maximize profits because Question 17 options: that is what firms must do based on generally accepted business practices. shareholders require management to maximize profits. it is a good approximation of how what firms behave. economic profits can be easily calculated from financial reports

Posted Date: Jun 12, 2024 12:06 AM

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Economists assume that firms act to maximize profits because Question 17 options: that is what firms must

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