A firm's basic goal is best described as
A) maximizing total revenue.
B) maximizing sales.
C) maximizing profit.
D) minimizing total cost.
C
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If the complicated technology costs $10million to develop while the simple technology costs $2million to develop, which technology is more profitable to develop?
a. The simple voice-activated software b. The complicated thought-activated software c. Neither of the software d. Need more information
Which of the following would contribute to a United States current account surplus?
A. The United States makes a unilateral tariff reduction on imported goods. B. General Motors pays a dividend to a Swiss stockholder. C. The United States cuts back on American military personnel stationed in Germany. D. Russian vodka becomes increasingly popular in the United States.
If reserve demand is volatile, in order for the central bank to keep interest rates from being volatile, it must:
A. set targets for both interest rates and the quantity of reserves. B. target the quantity of reserves. C. let the quantity of reserves fluctuate. D. not target the interest rates.
If the aggregate demand curve shift rightward less than expected...
What will be an ideal response?