Social Sciences, asked by mine8635, 1 year ago

Seeks to maximize profit based on demand and supply is operation oriented

Answers

Answered by santy2
3
Some organizations tend to match the demand and supply to ensure an optimal use of their productive capacity at any given time. This is to ensure that when the demands are high they raise their profits by rationing demand. However when the the demand is low they increase demand by setting low prices.
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