--%>
Assignment Help - homework help

Maximization of the Goals of Firm

I have a problem in economics on Maximization of the Goals of Firm. Please help me in the following question. The firm’s goal of profit maximization is most distantly analogous to: (i) Revenue maximization by the Internal Revenue Agents. (ii) Maximization of the firm’s market share in an industry. (iii) Utility maximization by the consumers. (iv) Vote maximization through politicians.

What is most accurate answer.

   Related Questions in Microeconomics

  • Q : Profit Maximization-total revenue and

    All profit-maximizing firms will hire much labor up to the point where: (i) Average physical product of the labor equals nominal wage. (ii) Last unit of the labor adds equally to net revenue and net cost. (iii) Marginal product of the labor is at its maximum value. (i

    		•
  • Q : Marginal revenue of individual

    For an individual price-taker firm, marginal revenue is: (w) another term for profit. (x) constant and equal to price. (y) less than price. (z) negatively sloped. I need a good answer on the topic

    		•
  • Q : Define change in demand Change in

    Change in demand: When change in demand takes place due to change in factor other than price, it is termed as change in demand.

    		•
  • Q : Question on lowering the supply The

    The Reagan Administration introduced new agricultural program named as the Payment-in-Kind Program, in the year of 1983. In order to distinguish how the program worked, let's assume the wheat market. Now assume the government desire to lower the supply of whe

    		•
  • Q : Definitions of Poverty by Researchers

    Some researchers have attempted to define poverty: (1) as the lowest 20% of the income distribution. (2) through estimates of the fundamental needs for families having various characteristics. (3) by estimating the costs of the minimum caloric intake

    		•
  • Q : Constant price elasticity plausible for

    Constant price elasticity equivalent to one for socket sets would be mainly plausible for demand curve as: (1) D1D1. (2) D2D2.  (3) D3D3. (4) D4D4. (5) D

    		•
  • Q : Trends in Poverty Into the United

    Into the United States during 2000 and 2005, the: (w) number of families below the poverty line declined. (x) distribution of after-tax income became significantly more equal. (y) percentage of families below the poverty line grew. (z) share of wealth possessed by the

    		•
  • Q : Problem on Labor Unions and Wages The

    The Industrial unions try to accomplish wage rates above the competitive level through: (i) Limiting the supply of labor to the industry. (ii) Raising the supply of labor. (iii) Raising the productivity of the labor in an industry. (iv) Member’s agreeing to work

    		•
  • Q : Transfer payment by excesses income A

    A person’s wage income into excess of which that would be received by accepting the next best optional use of his or her talents is: (1) an economic rent. (2) a transfer payment. (3) an interest premium. (4) a salary bonus. (5) nominal wages.

    		•
  • Q : Demands possibly the least income

    Demands are possibly the least income elastic for very poor Americans for: (i) automobile services. (ii) Big Macs. (iii) lard. (iv) housing. (v) health care. Can anybody suggest me the proper expla

    		•