Unit 2.4(2): Business objectives (HL)

IB Economics: Unit 2.4(2): Business objectives (HL)

An important influence over the allocation of resources in markets is the supply decisions firms make. Those supply decisions are based on the objective’s businesses set when they are producing in different markets. There are a variety of different business objectives firms are influenced by when they are making a supply decision and the importance of these different objectives will vary between producers and markets....

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