February 2016
Beginner to intermediate
500 pages
33h 40m
English
I won’t belong to any organization that would have me as a member.
—Groucho Marx
Describe how firms differ by type of ownership and objectives.
Determine the profit-maximizing output of a firm.
Explain how firms resolve conflicting objectives between owners and managers.
Discuss a firm’s profit-maximizing vertical organization.
Explain how the various market structures affect firms’ characteristics and behavior.