What is the term of the following definintion.
-A process that firms use to determine the most output given price levels that will yield the most return after production costs and the total cost outlay are taken into account.

Name: What is the term of the following definintion. -A process that firms use to determine the most output given price levels that will yield the most return after production costs and the total cost outlay are taken into account.
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Question

Quizplus · Accepted Answer

The Answer is Profit maximization

What Is the Term of the Following Definintion