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What is the objective of the firm and how is it related to the concept of a netbenefit? Be sure to explain what the activity
What is the objective of the firm and how is it related to the concept of a netbenefit? Be sure to explain what the activity ofthe firm is and how the concept of "optimal quantity" is relevant to the firm's objective. Explain how this clarifies the difference between profit maximization and costminimization
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