A firm's main aim is to
...A firm's main aim is to
Survive the business
Maximize profits
Increase its market share
Satisfy the ambition of its managers
Correct answer is B
The main objective of every firm in business is to maximize profits while minimizing cost.
Using Expenditure Approach to estimate National Income, Y is equal to ...
In economics, production takes place only when ...
An increase in marginal propensity to save will lead to ...
The major factor that causes fluctuations in the supply of agricultural produce is ...
Proportional tax refers to ...
A major disadvantage of a capitalist economy is that it ...
The price system refers to the system by which ...
External economies refer to the ...
The average tax rate is defined as ...
When depreciation is deducted from Gross National Product, the result is ...