business profitability

What Is The Best Definition Of Profit Quizlet?

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What Is The Best Definition Of Profit Quizlet? Profit is the total amount producers earn after subtracting the production costs. … Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good. How can producers maximize profits? A

Do You Agree That Social Responsibility Of Business Is To Increase Profits?

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Do You Agree That Social Responsibility Of Business Is To Increase Profits? Do you agree that social responsibility of business is to increase profits? There is one and only one social responsibility of business — to use its resources and engage in activities designed to increase its profits so long as it stays within the