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Author Question: A sales revenue maximising firm will only make normal profits unless sales revenue is maximised ... (Read 86 times)

oliviahorn72

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Question 1

The profit maximising output will never be greater than the (profit satisficing) sales revenue maximising output.
◦ true
◦ false

Question 2

A sales revenue maximising firm will only make normal profits unless sales revenue is maximised subject to a higher than normal profit constraint.
◦ true
◦ false


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Marked as best answer by oliviahorn72 on May 25, 2020

parker125

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oliviahorn72

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Reply 2 on: May 25, 2020
Excellent


Dominic

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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