Allofthefollowingareproblemswiththemicroeconomicprofitmaximizationmodelexcept: theabsenceofatimedimension offersfinancialmanagersinsightstoawiderangeofproblems doesnotconsidertheriskofalternativedecisions theproblemofdefiningprofits b ANSWER: arelargelyoutsideofthedirectcontrolofmanagers. investmentstrategies economicenvironmentfactors majorpolicydecisions dividend policies b ANSWER: Thesuccessofafirmislinkedtoitsstakeholders.Thisgroupincludes: communityneighbors suppliers employees all ofthese d ANSWER: collectallthefactsbearingontheproblem clarifytheparametersoftheproblem involveallpartieswithafinancialinterestintheoutcome seekequityforthosewhomaybeaffected c ANSWER: Manysmallbusinessownersare diversifiedwithrespecttotheirpersonalwealth. poorly highly well 90% a ANSWER: dealswitheconomicdecisionsofindividuals,households,andfirms. Economicaccounting Microeconomics BlueChipeconometrics Macroeconomics
Allofthefollowingareproblemswiththemicroeconomicprofitmaximizationmodelexcept: theabsenceofatimedimension offersfinancialmanagersinsightstoawiderangeofproblems doesnotconsidertheriskofalternativedecisions theproblemofdefiningprofits ANSWER: b arelargelyoutsideofthedirectcontrolofmanagers. investmentstrategies economicenvironmentfactors majorpolicydecisions dividend policies ANSWER: b Thesuccessofafirmislinkedtoitsstakeholders.Thisgroupincludes: communityneighbors suppliers employees all ofthese ANSWER: d collectallthefactsbearingontheproblem clarifytheparametersoftheproblem involveallpartieswithafinancialinterestintheoutcome seekequityforthosewhomaybeaffected ANSWER: c Manysmallbusinessownersare diversifiedwithrespecttotheirpersonalwealth. poorly highly well 90% ANSWER: a dealswitheconomicdecisionsofindividuals,households,andfirms. Economicaccounting Microeconomics BlueChipeconometrics Macroeconomics