Knowledge of costs and knowledge of revenues for firm


How does a firm determine its prices and the quantity of labor required in the resource market during a specific period?

How does a firm determine its demand for capital funds during a specific period?

What is the ideal relationship between knowledge of costs and knowledge of revenues for a firm? In your response, explain and justify your conclusions and provide examples to support such conclusions.

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Microeconomics: Knowledge of costs and knowledge of revenues for firm
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