Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  3. Economics OCR
  5. Question bank

Business objectives

EasyMediumHard
12345678910111213141516171819202122232425262728293031323334353637
Question 22

A firm is producing Q3 Q_3\,Q3​ units of output at a price of P3 P_3\,P3​ in the diagram below.

A graph showing Revenue, Costs, Price on the vertical axis and Output on the horizontal axis.

What objective is it likely to be pursuing?

Sales volume maximisation

Profit maximisation

Sales revenue maximisation

Profit satisficing

Business objectives Questions

  1. A Level
  2. /Economics
  3. /Business objectives