In Q& A 7.2, suppose that Anns compensation, Y, is half of the firms profit minus $

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In Q& A 7.2, suppose that Ann’s compensation, Y, is half of the firm’s profit minus $ 30,000: Y = π / 2 – 30,000. Will she still seek to maximize the firm’s profit?

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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