Which one of the following is a reason why firms may not always maximise their profit? (1)
A.
They may minimise total costs
B.
They may be able to sell at a high price
C.
They may have low fixed costs
D.
They may complete charitable work
Exam No:4EC1_01_que_20211109 Year:2021 Question No:1(a)
Answer:
D
Knowledge points:
9.Business costs, revenues and profit
Solution:
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