The owner-manager of good guys enterprises obtains utility, Ask an Expert

Economics

the owner-manager of good guys enterprises obtains utility from income(profit)and from having the firm behave in a socially conscious manner, such as making charitable contributions or civic expenditures. can you set up the problem and derive the optimization conditions if the owner-manager wishes to obtain a specific level of utility at the lowest possible cost? do these conditions differ from the utility-maximizing conditions?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9478904

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