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Business, 03.03.2020 02:00 hannahgracew12

Economists normally assume that the goal of a firm is to (i) earn profits as large as possible, even if it means reducing output. (ii) earn revenues as large as possible, even if it means reducing profits. (iii) minimize costs, regardless of profits. a. (i) only b. (i) and (ii) only c. (ii) and (iii) only d. (i), (ii), and (iii)

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