Education Managerial Economics Unit 1

1. Managerial EconomicsUnit - 1By - Anand Kumar 2. Unit - 1General Foundation of Managerial Economics– Economic approach, Circular flow of activity,Nature of the firm,…

Documents 1 THE OBJECTIVES OF FIRMS The Firm’s Objectives. 2 Lesson Objectives Appreciate that firms, in...

Slide 1 1 THE OBJECTIVES OF FIRMS The Firm’s Objectives Slide 2 2 Lesson Objectives  Appreciate that firms, in addition to profit maximisation, have a range of objectives…