Which of the Following Is Generally NOT Considered to Be

question 32

Multiple Choice

Which of the following is generally NOT considered to be a viable operational goal for a firm?

• A) maintaining a strong local currency
• B) maximization of after-tax income
• C) minimization of the firm's effective global tax burden
• D) correct positioning of the firm's income, cash flows and available funds as to country and currency

---

Definitions:

Increasing Returns

An increase in firm’s output by a larger percentage than the percentage increase in its inputs.

MC

Marginal Cost, the change in total production cost that comes from making or producing one additional unit.

ATC

Average Total Cost, which is the total cost divided by the number of goods produced, representing the per-unit production cost.

AVC

Average Variable Cost; the total variable cost divided by the quantity of output produced, indicative of variable costs per unit of output.