Business Studies, asked by kazisijan786, 2 months ago

suppose you are manager believes on maximizations profit

Answers

Answered by bandanakumam1

1

Answer:

According to conventional theory of the firm, profit maximization is considered to be the principal objective of the firm because price and output decision associated with a firm is usually based on the profit maximization criteria. Profit maximization refers to maximizing dollar income of the firm.

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