Economists normally assume that the goal of a firm is to (i) sell as much of their product as possible.
(ii) set the price of their product as high as possible.
(iii) maximize profit.
A) (i) and (ii) are true.
B) (ii) and (iii) are true.
C) (iii) is true.
D) (i) and (iii) are true.
Correct Answer:
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