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Material Type: Exam; Professor: Armah; Class: AGRICULTURAL BUSINESS MANAGEMENT; Subject: Agricultural Economics; University: Arkansas State University; Term: Unknown 1989;
Typology: Exams
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Chapter 3-
a. Maximize long-run profits a. Maximize the satisfaction received from pdts they consume with their limited incomes b. Sell large quantities of a small b. Buy small quantities of number of number of pdts a large number of pdts c. Charge highest prices c. Pay the lowest prices Chapter 2