Question

. Sufficient Profit.PLEASE TELL.ME ABOUT WHAT IS SUFFICIENT PROFIT AND MAXIMUM PROFIT​

Answer 1

Answer:

sufficient profit

Profit is an excess of revenues over associated expenses for an activity over a period of time. ... Every business should earn sufficient profits to survive and grow over a long period of time. It is the index to the economic progress, improved national income and rising standard of living.

maximum profit

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.

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