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Vika [28.1K]
3 years ago
5

Please helpDo businesses only aim at maximizing profits​

Business
1 answer:
sesenic [268]3 years ago
3 0
Many companies make other goals a priority over profit maximization. Additionally, some aspects of running a business that meets social and environmental obligations take away from the sole focus of profit maximization.
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Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses proces
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Answer and Explanation:

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4 years ago
An increase in demand, with no change in supply, will lead to ________ in equilibrium quantity and ________ in equilibrium price
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An increase in demand and a decrease in supply will cause an increase in equilibrium price, but the effect on equilibrium quantity cannot be detennined

<h3>What is equilibrium price?</h3>

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Microeconomic and macroeconomic equilibrium are two types of economic equilibrium. Supply and demand between buyers and sellers are balanced in microeconomics. An economy achieves aggregate demand and aggregate supply balance through macroeconomics. Competitive prices are an essential component of the theory.

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xeze [42]

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