Which points show where each maximisation objective occurs?

A.
B.
C.
D.
Economics
IGCSE&ALevel
CAIE
Exam No:9708_w24_qp_33 Year:2024 Question No:7

Answer:

B

Knowledge points:

7.8.1 traditional profit-maximising objective of firms
7.8.2.1 survival
7.8.2.2 profit satisficing
7.8.2.3 sales maximisation
7.8.2.4 revenue maximisation

Solution:

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