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Economists have been trained to believe that successful firms should maximize total revenue or minimize costs. This is also called the Dual Problem. One very
Economists have been trained to believe that successful firms should maximize total revenue or minimize costs. This is also called the "Dual Problem." One very successful firm, Chick-fil-A, closes all of their restaurants on Sundays. Chick-fil-A is forgoing revenues from a busy day in the restaurant business. As an economist, this does not make business sense that a firm would choose not to open for business on Sunday. As a Christian economist, it makes perfect sense
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