what is theory of firm
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In neoclassical economics, the theory of the firm is a microeconomic concept that states that a firm exists and make decisions to maximize profits. ... Modern takes on the theory of the firm sometimes distinguish between long-run motivations, such as sustainability, and short-run motivations, such as profit maximization.
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In neoclassical economics, the theory of the firm is a microeconomic concept that states that a firm exists and make decisions to maximize profits. ... Modern takes on the theory of the firm sometimes distinguish between long-run motivations, such as sustainability, and short-run motivations,
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