Why does it make sense for a firm to seek to maximize total profit rather than to

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Why does it make sense for a firm to seek to maximize total profit rather than to maximize marginal profit?

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Economics Principles and Policy

ISBN: 978-0538453653

12th edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Apr 12, 2016 07:13 AM

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Why does it make sense for a firm to seek to maximize total profit rather than to

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One presumes that the owners of the firm would like to get as rich as possible As such ...View the full answer

Economics Principles and Policy

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