The Goal of the Manager of a Firm Is Sales

question 98

Multiple Choice

The goal of the manager of a firm is sales maximization.The firm will produce

• A)the output level at which MR = 0.
• B)as much output as it can.
• C)the same output that it would if the goal was profit maximization.
• D)the same output that it would if the goal was cost minimization.

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Definitions:

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The process of forming conclusions, judgments, or inferences from facts or premises.

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A dark, leafy green vegetable, rich in vitamins and minerals, often used in salads, smoothies, and as a cooked side dish.

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A widely held but fixed and oversimplified image or idea of a particular type of person or thing.

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A field of study focused on the principles and techniques of preparing, maintaining, and analyzing financial records and transactions.