If you are a competent professional manager, which of the following is your goal in running the company?
A: Minimize the operating cost
B: Maximize the sales profit
C: Maximize the share price for the future shareholders
D: Maximize the share price for the current shareholders
A: Minimize the operating cost
B: Maximize the sales profit
C: Maximize the share price for the future shareholders
D: Maximize the share price for the current shareholders
举一反三
- 4. Politeness Principle can be stated in such a way: Other things being equal, ( )the expression of ( )beliefs and ( )the expression of( )beliefs. ( ). A: maximize, benefit, minimize, cost B: minimize, benefit, maximize, cost C: maximize, impolite, minimize, polite D: minimize, impolite, maximize, polite
- Monopolists will maximize profit by producing at an output level where which of the following conditions exists() A: Price = marginal revenue = marginal cost. B: Price = demand = marginal revenue = marginal cost. C: Marginal revenue = marginal cost < price.
- For any given price, a firm in a competitive market will maximize<br/>profit by selecting the level of output at which price intersects the<br/>( ) A: average total cost curve. B: average variable cost curve. C: marginal cost curve. D: marginal revenue curve.
- RE represents extra profit available to the company/shareholders this is what drives growth in a company’s (share) value. ( )
- To maximize profit, the monopolist produces on the ________ portion of the demand curve where ________. A: elastic; price equals marginal cost B: elastic; marginal revenue equals marginal cost C: inelastic; price equals marginal revenue D: inelastic; marginal revenue equals marginal cost