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Economics (AS & A Level) · Oct / Nov 2024 · Paper 33 · Question 7

9708Differing objectives and policies of firms

Which points show where each maximisation objective occurs?

  1. Arevenue maximisation: J; sales maximisation: L
  2. Brevenue maximisation: L; sales maximisation: K
  3. Crevenue maximisation: J; sales maximisation: K
  4. Drevenue maximisation: L; sales maximisation: H

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Correct answer: B. revenue maximisation: L; sales maximisation: K

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