The maximization of profit and the minimization of losses is the primary factor affecting the economic decision making of:
A) workers.
B) consumers.
C) public officials.
D) entrepreneurs.

Question

Quizplus · Accepted Answer

Maximizing profits and minimizing losses is the fundamental goal of entrepreneurs. They are the individuals who take risks and start new businesses or invest in existing ones to generate profits. Workers, consumers, and public officials may consider profit or loss as one of many factors in their decision-making processes, but their primary focus is not usually on maximizing profit or minimizing losses.

The Maximization of Profit and the Minimization of Losses Is