Business objectives

?
What is profit max
MC=MR
1 of 6
What is survival
AC=AR
2 of 6
What is revenue max
MR=0
3 of 6
What is productive efficiency
MC=AC
4 of 6
What is allocative effciency
MC=AR
5 of 6
What is sales max
AC=AR
6 of 6

Other cards in this set

Card 2

Front

What is survival

Back

AC=AR

Card 3

Front

What is revenue max

Back

Preview of the front of card 3

Card 4

Front

What is productive efficiency

Back

Preview of the front of card 4

Card 5

Front

What is allocative effciency

Back

Preview of the front of card 5
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