Multiple choice

Which of the following statements is/are incorrect? a. Profits can be taken as society’s approval to the utility of business. b. Profit maximisation indicates the efficient working of a business. c. There are hardly any sizeable business enterprises, whose only objective is profit maximisation.

  1. Only a

  2. Only b

  3. Only c

  4. All of the above

  5. None of the above
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

This is the correct answer. None of the statements are incorrect.

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