kwepilembali04 kwepilembali04
  • 03-06-2021
  • Business
contestada

Explain why profit maximization is more important than utility maximization for a business

Respuesta :

21fernandezt 21fernandezt
  • 03-06-2021

Answer:

Generally, the profit maximization is held important goal for a company because of various reasons; 1) When profit is maximized there is a high revenue which can be used for business expansion. Profit maximization is the core goal of every business that can be considered to be an objective of financial management.

Explanation:

.

Answer Link

Otras preguntas

What do you understand by New Racism. Give illustrations
Short Proofs - No Triangle Congruence
Which of the following correctly sets up the point-slope equation for this line? y−7=13(x+6)y-7=\frac{1}{3}\left ( x+6 \right )y−7= 3 1 ​ (x+6) y+7=13(x+6)y+7
Please solve ??-3/10=1/5
In the beginning of Chapter 10 of Frankenstein, prior to encountering the creature, Victor describes the scenery as he ascends Montanvert. Think about how Victo
Are cats more adaptive to weather than dogs?
What is the missing term? Please help me!
Which two statements explain the basic tenants of Christianity
How I can answer this question, NO LINKS, if you answer correctly I will give u brainliest! Solve the inequality [tex]50w+100\geq 18000[/tex]
What are the coordinates of the y-intercept for the equation y + 3x = 6?