A-LevelEconomicsThe price system and the microeconomy9708/32 · Feb/Mar 2019 · Q81 Mark

The goal of firm X is to make a minimum acceptable level of profit.

What does this describe? A profit maximisation B profit satisficing C revenue maximisation D sales maximisation[1]

Mark scheme

Marking points from the official mark scheme (Feb/Mar 2019). The mark or mark type is shown in brackets.

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Feb/Mar 2019 Paper 3 Variant 2, question 8.

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