Why isnt profit maximization an especially good assumption to make about real-world firms?

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Why isn’t profit maximization an especially good assumption to make about real-world firms?

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 14, 2024 04:00 AM

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Why isnt profit maximization an especially good assumption to make about real-world firms?

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Firms are not interested in just shortrun profits ...View the full answer

Microeconomics

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