A company must invest in project 1 in order to invest in project 2. Which of the following constraints ensures that project 1 will be chosen if project 2 is invested in?
a. X1 + X2 = 1
b. X1 - X2 < = 0
c. X1 - X2 > = 0
d. X1 + X2 = 0
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Ответ:
Ответ:
Profit maximization is how a firm determines the price, input, and output levels that lead to the greatest profit. Demand elasticity refers to how the demand for a good or service changes with economic variable changes like price and income.