A. growth.
B. sales revenue
C. managers utility
D. profits.
Fear to take-overs will lead firms to maximize ? Read More »
Alternative Theories Of The Firm, Economics Mcqs A. horizontal
B. vertical
C. conglomerate
D. homogeneous
The merger of a clothing firm and a software producer would be a _______ merger? Read More »
Alternative Theories Of The Firm, Economics Mcqs A. sales revenue maximization
B. maximization the growth of sales revenue.
C. Sales maximization
D. long-run profit maximization.
Growth maximization is the same as ? Read More »
Alternative Theories Of The Firm, Economics Mcqs A. AR minus AC is maximized
B. MC = MR
C. quantity sold is maximized
D. sales revenue is maximized
A sale maximizing firm will produce where ? Read More »
Alternative Theories Of The Firm, Economics Mcqs A. profit myopia
B. principal-agent problem.
C. merger mania.
D. moral hazard
A. respect of other managers.
B. maximum profits.
C. job security
D. a large number of subordinates
Williamson suggests that managers might NOT try to achieve ? Read More »
Alternative Theories Of The Firm, Economics Mcqs A. does not know its MC and MR
B. has too much information
C. has too little information
D. The first and third option
A firm may be unable to maximize profits because it ? Read More »
Alternative Theories Of The Firm, Economics Mcqs A. sole proprietors
B. partnerships
C. public limited companies
D. monopolies
The divorce of ownership and control tends to occur in ? Read More »
Alternative Theories Of The Firm, Economics Mcqs A. they are afraid of encouraging takeovers.
B. holders have little control over managers.
C. holders want higher dividends.
D. both the first and third option.
Public limited companies may not maximize their profits because ? Read More »
Alternative Theories Of The Firm, Economics Mcqs A. firms do not know how to maximize profits.
B. firms have other aims
C. it does not explain monopolistic competition
D. Both the first and second option
