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Title: This chapter discussed how profit maximizing firms make decisions concerning the input and output ma Post by: Catracho on Jan 4, 2019 This chapter discussed how profit maximizing firms make decisions concerning the input and output markets. In most major business schools students are taught that the main purpose of business is to maximize profits--in other words, to make as much money as possible. Certainly, some companies--like Exxon for instance--practice this idea daily. But should that be the real purpose and goal of business? Discuss this question here--should profit be the #1 goal or should the main goal be to provide a quality product or service at a reasonable price for the consumer, regardless of the profit? Be sure to include your strong argument either way.
Title: Re: This chapter discussed how profit maximizing firms make decisions concerning the input and ... Post by: thransan on Jan 4, 2019 Content hidden
Title: Re: This chapter discussed how profit maximizing firms make decisions concerning the input and ... Post by: bio_man on Jan 4, 2019 @thransan
I edited some spelling mistakes! Catracho (https://biology-forums.com/index.php?action=profile;u=825455), let us know if you need any further assistance Title: Re: This chapter discussed how profit maximizing firms make decisions concerning the input and ... Post by: borti on Jan 7, 2019 Thanks!
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