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The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to
Economists
Professionals who study, develop, and apply theories and principles of economics to understand how economies work and to analyze economic policies.
Determinants
Factors that cause changes in the behavior of individuals, systems, or processes, often studied to understand cause-and-effect relationships.
Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in the price of that good, quantitatively defined as the percentage change in quantity demanded divided by the percentage change in price.
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