1.Firms are meant to maximize shareholder value 2.Does nature wish to maximize average mass? (we assumed this...

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1.Firms are meant to maximize shareholder value

2.Does nature wish to maximize average mass? (we assumed this we know it doesn't want to minimize average mass into extinction)

3.Hotelling gives an answer that finds the least action (lazy) extraction path for economic profit and natural resource growth

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Posted Date: Apr 05, 2024 01:29 AM

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1.Firms are meant to maximize shareholder value 2.Does nature wish to maximize average mass? (we assumed this...

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Fundamentals of Corporate Finance

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