No matter which markets they serve, all private enterprises have one goal-to
maximize what?
O price
O indicators
O profits
labor

Question

No matter which markets they serve, all private enterprises have one goal-to
maximize what?
O price
O indicators
O profits
labor

Accepted Answer

∻Answer∻ ⚹ profits ⚹ ∻Key Concept∻ ⚹Profit Maximization⚹ ∻Explanation∻ ⚹Private enterprises aim to maximize profits as their primary goal, which involves increasing the difference between their revenues and expenses. This is a fundamental concept in economics and business, reflecting the incentive structure within market economies.⚹◊What role did private enterprises play in the development of market economies in ancient civilizations?⍭ Generate me a similar question◊

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