The Reason Firms Often Choose Sales Maximization as a Goal

question 165

Multiple Choice

The reason firms often choose sales maximization as a goal is because

• A)that is where profits are maximized.
• B)it is impossible to maximize profits.
• C)firms are managed and owned by different groups of people with different goals.
• D)owners believe setting price/output to maximize profits is unfair to consumers.

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Definitions:

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Airway Open

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Air Pump

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