Question

wealth maximization is preferred over profit maximization.​

Answer 1

Answer:

⋆⫷❥AN SWER⫸⋆⬇️⬇️

Explanation:

Profit maximization ignores risk and uncertainty. Unlike Wealth Maximization, which considers both. Profit maximization is a short term objective of the firm whereas the long-term objective is money maximization. Profit maximization avoids the time value of money, but Wealth Maximization recognizes it.

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Answer 2

NAZUAK❤

Profit maximization ignores risk and uncertainty. Unlike Wealth Maximization, which considers both. Profit maximization is a short term objective of the firm whereas the long-term objective is money maximization. Profit maximization avoids the time value of money, but Wealth Maximization recognizes it.