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Why firms may pursue other objectives

Why firms may pursue other objectives

A firm does not always maximise profit. Its objective may instead be survival, profit satisficing, revenue maximisation or sales maximisation, and the chosen objective affects its price and output.

7.8.2 an understanding of other objectives of firms Lesson

  1. Intl A Level
  2. /Economics
  3. /7.8.2 an understanding of other objectives of firms

Step-by-step lessons on CIE Intl A Level Economics 7.8.2 an understanding of other objectives of firms. Each one builds up to exam-style questions.

Lessons