Which of the following statements is correct? A. The manager's objectives are to increase profits every year and to show positive profits by the end of the year. B. The manager must always make sure that employees maxmize their benefits. C. The manager must always assure to minimize costs. D. The most important objective of the manager is to maximize profits at the level where MB - MC = 0.
Which of the following statements is correct? A. The manager's objectives are to increase profits every year and to show positive profits by the end of the year. B. The manager must always make sure that employees maxmize their benefits. C. The manager must always assure to minimize costs. D. The most important objective of the manager is to maximize profits at the level where MB - MC = 0.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following statements is correct?
A. The manager's objectives are to increase profits every year and to show positive profits by the end of the year.
B. The manager must always make sure that employees maxmize their benefits.
C. The manager must always assure to minimize costs.
D. The most important objective of the manager is to maximize profits at the level where MB - MC = 0.
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