Question

In: Economics

The theory of the firm postulates that the primary objective of managers is to maximize the...

The theory of the firm postulates that the primary objective of managers is to maximize

the firm's total revenue

the the firm's output

the firm’s wealth or value which is given by the present value of all its expected future profits

all of the above

Solutions

Expert Solution

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


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