Business Studies, asked by amandwivedi5869, 10 months ago

Reason why profit is a primary motive

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Answered by jamalshaikh1963
0

Answer:

In economics, the profit motive is themotivation of firms that operate so as to maximize their profits. Mainstream microeconomic theory posits that the ultimate goal of a business is to make money. Stated differently, the reasonfor a business's existence is to turn aprofit.

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