Economic decision-making

a structural problem
  • 23 Pages
  • 1.48 MB
  • 2011 Downloads
  • English
by
C.D. Howe Research Institute , Montréal, Qué
Canada -- Economic conditions -- 1965., Canada -- Economic po
Other titlesKey policy issues, 1977-78.
Statement[Gail C. A. Cook] and Key policy issues, 1977-78 / [Carl E. Beigie].
SeriesHRI observations -- no. 16 : Staff speeches
ContributionsBeigie, Carl E.
The Physical Object
Pagination23 p.
ID Numbers
Open LibraryOL20697951M

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All economic decisions of any consequence require the use of some sort of accounting information, often in the form of financial reports. A firm maximizes profits if each decision adds more to the firm’s revenue than to its costs.

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CHAPTER 2 Economic Decision Making and Economic Systems CHAPTER OBJECTIVES To introduce the basic economic choices that must be made in every society because of scarcity.

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