In all four types of markets,a firm's main objective is to

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In all four types of markets (perfectly competitive, monopolistic, oligopoly, and monopoly), a firm's main objective is to maximize economic profit. While maximizing revenue or output may be important goals for a firm, ultimately their main objective is to make the highest possible profit. Minimizing fixed cost may be a way to increase a firm's profit, but it is not the main objective.

In All Four Types of Markets,a Firm's Main Objective Is