Business Studies, asked by tejpal3413, 1 year ago

Limitation of wealth maximisation of firm

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Answered by pradhuman20045

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The primary goal or objective of thefirm is to maximise value of the firm, that is, shareholders wealth. But to achieve its objective it faces manyconstraints. ... Subject to the variousconstraints a firm seeks to maximes its profits or the present value of the stream of expected future profits.
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