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What is profit motive?
Profit is the difference between cost and proceeds. If the proceeds are more than the cost then one is said to be in profit. Having motivation to achieve proceeds more than the cost is known as profit motive.
How do partnership support the profit motive of entrepreneurs?
Partnerships create better results and hence a larger profit for the entrepreneur (profit motive). When two entrepreneurs is one unit instead of two separate, they have a bigger chance of making a profit.
What is your personal view on profit-motive?
motive only of profit! BOOM! stop copying from the internet!
Why in a free market system producers are motivated to reduce costs and increase revenues?
The Profit Motive
In a freemarket system producers are motivated to reduce costs and increase revenues because of which of the following?
Profit Motive
How do you use profit motive in a sentence?
They had a profit motive, so they did not care about what the work did to the environment. Their profit motive helped progress their ideas for doing business.
What is profit motive?
Profit is the difference between cost and proceeds. If the proceeds are more than the cost then one is said to be in profit. Having motivation to achieve proceeds more than the cost is known as profit motive.
How do partnership support the profit motive of entrepreneurs?
Partnerships create better results and hence a larger profit for the entrepreneur (profit motive). When two entrepreneurs is one unit instead of two separate, they have a bigger chance of making a profit.
What is your personal view on profit-motive?
motive only of profit! BOOM! stop copying from the internet!
Why in a free market system producers are motivated to reduce costs and increase revenues?
The Profit Motive
In a freemarket system producers are motivated to reduce costs and increase revenues because of which of the following?
Profit Motive
How could you use capitalism in a sentence?
One can say that capitalism is based on a profit motive.
What is the motive of bank?
A bank is a business so its main motive is to make a profit.
What gives companies an anti-competitive impulse?
An anti competitive impulse is given to a company through the profit motive.
Incentive for a person to make money for himself?
profit motive
How do antitrust laws affect the circular flow of the free-market system?
They speed up the flow of capital and wages
What is a profit motive 3 paragraphs plzz help?
The term profit motive is used in economics. It means the concept or goal a company uses to make money.
