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Cambridge IGCSE Economics practice

Which of the following is a common objective of firms?

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At a glance

MCQ

Type

cambridge_mcq

Style

Topic

Firms’ costs, revenue and objectives

Exam-style question

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Which of the following is a common objective of firms?.

  1. A.Survival
  2. B.Social media presence
  3. C.Branding
  4. D.Customer service

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Paper 2 structured question: Firms’ costs, revenue and objectives

Paper 2Structured Questions1 marks

Description

Objectives of Firms

Firms may pursue objectives such as survival, social welfare, profit maximization, and growth.

  1. a

    State one objective that firms may pursue.

    Aim for approximately 1 distinct marking point.

    [1]