The goal of Alex ltd is to make a minimum acceptable level of profit.
What does this describe?
Select ONE answer:
- profit maximisation
- profit satisficing
- revenue maximisation
- sales maximisation
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS4 and KS5 classes.
The answer is 2
- Not correct
- Correct
- Not correct
- Not correct
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