The only way a firm can increase its profits is to increase its sales revenue.
The companies that take the most risk stand to make the most profit.

Question

Quizplus · Accepted Answer

Increasing profits can also be achieved by reducing costs, improving efficiency, or optimizing pricing strategies, not just by increasing sales revenue. Additionally, while taking risks can lead to higher profits, it also increases the potential for losses, and not all high-risk strategies result in high profits.

The Only Way a Firm Can Increase Its Profits Is