All of the following are problems with the microeconomic profit maximization model except:
A)the absence of a time dimension
B)offers financial managers insights to a wide range of problems
C)does not consider the risk of alternative decisions
D)the problem of defining profits

Question

Quizplus · Accepted Answer

The microeconomic profit maximization model offers financial managers insights to a wide range of problems, which is a positive aspect rather than a problem. The other three options are all valid problems with the model.

All of the Following Are Problems with the Microeconomic Profit