Economists typically assume that the owners of firms wish to

Name: Economists typically assume that the owners of firms wish to
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Maximizing profits is the primary objective of the owners of firms according to economic theory, as this is what provides a return on investment and ultimately sustains the business. While producing efficiently and maximizing sales revenues can contribute to achieving this goal, they are not the primary objective.

Economists Typically Assume That the Owners of Firms Wish to