The key mission that most economists ascribe to a firm's managers is to:

Question

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The primary goal of a firm's managers is to maximize the value of the firm, which typically involves maximizing profits, increasing market share, and creating shareholder value. While following ethical behavior and regulations are important, they are secondary to the firm's main goal of creating value. Hiring a large number of employees may be beneficial, but it is not the key mission of the managers.

The Key Mission That Most Economists Ascribe to a Firm's