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the goal of the firm is to maximize shareholder wealth. Questions: 1. do you agree that this should be the goal of a for profit

the goal of the firm is to maximize shareholder wealth."

Questions:

1. do you agree that this should be the goal of a "for profit" firm? Why/why not?

2. if this IS the goal of the firm, what problems could this create

3. do you think this goal would be appropriate for a company in BOTH a capitalistic economic system and one under socialism? Why/why not?

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