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, so it is not a problem with the model. The other options are problems with the model: A) the absence of a time dimension, C) does not consider the risk of alternative decisions, and D) the problem of defining profits.

All of the Following Are Problems with the Microeconomic Profit