Economics · Financial Management
Which of the following is considered an advantage of the profit maximization objective?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It automatically promotes social welfare
- 2It recognizes the timing of returns
- 3It recognizes risk explicitly
- 4It is easy to determine the link between financial decisions and profits✓
Correct answer
It is easy to determine the link between financial decisions and profits
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