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3. Profit maximization is not wealth maximization –
Discuss briefly by giving appropriate examples.
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Answer Posted / catherine temu
expressed value of the company is generally explained in
the value of market share(stock),it is the major sign of
firms succeess,on the other hand the definition of profit
is not clear since it is affected by margins,time and it
ignores risk.the company with high profit does not
neccesarily high value of stock
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