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Economics (AS & A Level) · Feb / March 2025 · Paper 32 · Question 4

9708Differing objectives and policies of firms

The diagram shows a firm's cost and revenue curves. The firm changes its objective from profit maximising to revenue maximisation. Which area on the diagram will show the increase in total revenue?

  1. AX + Y + Z
  2. BY
  3. CY + Z
  4. DZ

As printed in the paper

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Correct answer: B. Y

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