In: Economics
The theory of the firm postulates that the primary objective of managers is to maximize
the firm's total revenue |
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the the firm's output |
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the firm’s wealth or value which is given by the present value of all its expected future profits |
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all of the above |
the firm’s wealth or value which is given by the present value of all its expected future profits
the above is the answer..
because this is the only way to provide better returns to the investors