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That's because if a company makes too much profit, it's being potentially inefficient - but if it makes too little profit, it goes out of business.
by AbrahamParangi 4y ago
That's because if a company makes too much profit, it's being potentially inefficient - but if it makes too little profit, it goes out of business.
- pasquinelli 4y agookay, but that excess profit is consumers' money and workers' time, so of course ordinary people are pissed.
- benj111 4y agoHow is a company inefficient if it makes 'too much' profit? Whom decides what is too much?
- m000 4y ago> if a company makes too much profit, it's being potentially inefficient That's the theory. Reality: if a company makes too much profit, it's probably a monopoly or have formed a cartel with their "competitors".