True or false: If the growth rate in profits is less than the interest rate and both are constant, maximizing short term profits is the same as maximizing long term profits. True false question. True False

Microeconomics: Private and Public Choice (MindTap Course List)
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ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter13: Earnings, Productivity, And The Job Market
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True or false: If the growth rate in profits is less than
the interest rate and both are constant, maximizing
short
term profits is the same as maximizing long
term profits.
True false question.
True
False
Transcribed Image Text:True or false: If the growth rate in profits is less than the interest rate and both are constant, maximizing short term profits is the same as maximizing long term profits. True false question. True False
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