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maximizing profit is expect and desired behavior in a perfect market perfect competition in open market is supposed to push all profits to zero, maximizing val
by wordpad25 2y ago
maximizing profit is expect and desired behavior in a perfect market
perfect competition in open market is supposed to push all profits to zero, maximizing value for consumers
- Austizzle 2y agoExcept the market isn't perfect and many companies actively work to decrease competition