Question

In selling concept, maximization of profit of the firm is done through
(A) quality
(B) Sales volume
(C) Services.
(D) Increasing production
din trical sales related programme​

Answer 1

Answer:

(A) quality Quality is most important in maximization of profits

Answer 2

In the selling concept, maximization of the profit of the firm is done through sales volume.

• In the selling concept, the higher the sales volume, the higher is the amount of profit earned.
• This is because when there is a higher number of products, the variable cost of the products goes down thus increasing the profits.
• A larger production results in the productivity of the machinery and other factors of production which lowers the cost of production in return making the profit margin go up. Thus maximising the profit of the firm.

The answer is(B) Sales Volume.