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28 Sep 2019
Chapter 2: The Firms and its Goals
1. Why does a firm perform certain functions internally and others through the market? Provide instances of both functions in your work place.
2. What is profit maximization hypothesis? Is this the goal of the firm you work for?
3. What is the difference between optimizing and satisficing? What firms do in reality?
4. How do we measure risk and how do we calculate stockholderâs wealth?
5. How implicit costs and opportunity costs differentiate financial profits from economic profits?
6. Explain how the Economic Value Added is the closest measure for economic profit?
Chapter 2: The Firms and its Goals
1. Why does a firm perform certain functions internally and others through the market? Provide instances of both functions in your work place.
2. What is profit maximization hypothesis? Is this the goal of the firm you work for?
3. What is the difference between optimizing and satisficing? What firms do in reality?
4. How do we measure risk and how do we calculate stockholderâs wealth?
5. How implicit costs and opportunity costs differentiate financial profits from economic profits?
6. Explain how the Economic Value Added is the closest measure for economic profit?
1
answer
1
watching
691
views
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Samantha BalandoLv7
28 Sep 2019