CAIE A-Level Economics 7.8.2 Alternative firm objectives
Practise comparing survival, satisficing, sales and revenue maximisation through output choices, diagrams and firm objectives.
- Syllabus
- 2026–2028
- Course
- Economics 9708
- Level
- A2
Exam points
- use MR, revenue and cost data to identify revenue or sales maximising output
- compare price and output effects when firms switch away from profit maximisation
- evaluate principal-agent motives for managers choosing growth, sales or satisficing
7.8.2—Alternative firm objectives question 1
[Maximum number: 1]
A firm is operating at a level of output which corresponds to the point where MR=0.
What objective is the firm achieving?
A
maximising consumer surplus
B
maximising profit
C
maximising sales
D
maximising revenue
D
All question bank results loaded