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Question
In this objective, a firm seeks to earn as much money as possible.
Options
Price Stability
Market Share
Profit Maximisation
Target Rate of Return
MCQ
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Solution
Profit Maximisation
Explanation:
Profit maximisation means the firm aims to earn the highest possible monetary return; it guides pricing, output, and cost decisions to boost net earnings, balancing short-term profit with long-term viability.
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