Question

What are the three choices that profit-maximizing firms have to make?
a. how much to demand, how to generate goods, and what to price outputted goods
b. how much to supply, how to produce output, and how much of each input to demand
c. how much to demand, how to produce input, and how much of each output to demand
d. how much to supply, how to market supplied goods, and how to advertise supplied goods

Answer 1

The right answer for the question that is being asked and shown above is that: "b. how much to supply, how to produce output, and how much of each input to demand." the three choices that profit-maximizing firms have to make are b. how much to supply, how to produce output, and how much of each input to demand