Accountancy, asked by abhinandank955, 1 year ago

profit maximization​

Answers

Answered by Nikitasoni2003
2

Answer:

In economics, profit maximization is the short run or long run process by which a firm may determine the price, input, and output levels that lead to the highest profit. Neoclassical economics, currently the mainstream approach to microeconomics, usually models the firm as maximizing profit.

Explanation:

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