Discuss both topics:
- Discuss the typical risks faced by a firm.
- In a market economy, the price system facilitates allocation of resources. Discuss how a manager may contribute to the profit maximization goal of a firm by studying managerial economics.
Post your own discussions on both topics and contribute to at least one of your class mate’s discussions by the end of Saturday. Your own discussions of each topic should be at least 8 sentences long. For full credit, make sure to quote references obtained from the Internet and scholarly books and journals. Your textbook is your best resource but do not quote it as a reference.
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