The goal of most firms in the economy is to:

Name: The goal of most firms in the economy is to:
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Maximizing profit is often the primary objective of firms as it ensures the survival and growth of the business. While minimizing costs and obtaining a higher price for the product are important, they may not always result in maximized profits. Maximizing output may also not be a feasible option if there is no corresponding demand for the product.

The Goal of Most Firms in the Economy Is To