Which is not the benefit of profit maximization theory?
A. Economic survival
B. Measurement standard
C. Social and economical welfare
D. None of the above
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Answer:
c is the answer of your quetsion
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Answer:
Advantages of profit maximization is company can increase their return by boosting up sales or by reducing the cost. Extra profit will add value to the company and give them some competitive advantages if company can produce their goods at cheaper rate than their competitor.
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