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Natali [406]
3 years ago
14

7. In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be

helpful for society and at least one reason that they may be harmful for society. Then, explain whether you think profit motive is a good thing or a bad thing for society. (4-7 sentences)
Business
1 answer:
kramer3 years ago
8 0
Gaining a profit from sold goods is helpful because the use of scarce resources is optimized. It also provide jobs. The bad side of being in a profit motive business is that some may be tempted to deal with customers . I think that a profit motive business is a good thing.
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True

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6 0
3 years ago
The following costs are included in a recent summary of data for a company: advertising expense, $85,000; depreciation expense -
vladimir1956 [14]

Answer:

Conversion costs= $488,000

Explanation:

Giving the following information:

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3 years ago
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