Answer the following questions. Answers must be at least a paragraph in length but no more than 2 paragraphs. Please provide references for your answers.
1. Is it appropriate to view firms primarily as economic entities? Why or why not?
2.”In the long run, a profit maximizing firm would never knowingly market unsafe products. However, in the short run, unsafe products can do a lot of damage.” Discuss this statement.
3. Please see attachment to complete the charts