Ask Question
30 December, 06:40

What does the theory of the firm explain

a) market supply of goods and services

b) the creation of the input market

c) market demand for goods and services

d) the makeup of the output market

+3
Answers (1)
  1. 30 December, 08:01
    0
    The theory of the firm is the microeconomic concept founded in neoclassical economics that states that firms including businesses and corporations exist and make decisions to maximize profits.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What does the theory of the firm explain a) market supply of goods and services b) the creation of the input market c) market demand for ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers