Economists Assume That the Goal of the Firm Is to Maximize

question 188

Multiple Choice

Economists assume that the goal of the firm is to maximize total

• A)revenue.
• B)profits.
• C)costs.
• D)satisfaction.

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Definitions:

Venture Capitalists

Investors who provide capital to startups and small businesses with long-term growth potential.

Equity

Represents fairness or justice in the way people are treated and involves ensuring that everyone has access to equal opportunities.

Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.

Post-money Valuation

The estimated value of a company after external financing and investments have been added to its balance sheet.