3.2. Business objectives Flashcards
(4 cards)
1
Q
Profit Maximisation
A
MR=MC
2
Q
Revenue Maximisation
A
MR=0
3
Q
Sales Maximisation
A
AR=AC
4
Q
A
Profit Maximisation
MR=MC
Revenue Maximisation
MR=0
Sales Maximisation
AR=AC