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A firm's primary objective is to maximize profits; however, there are always two constraints: A.) cost and benefit. B.) supply and demand. C.) price and opportunity cost. D.) the cost of production and
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A firm's primary objective is to maximize profits; however, there are always two constraints:

A.) cost and benefit.

B.) supply and demand.

C.) price and opportunity cost.

D.) the cost of production and consumer demand.

User Mani Abi Anand
by
8.5k points

1 Answer

4 votes

B. Supply and demand

User Luca Sepe
by
8.0k points
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