Which of the following is assumed to be the most important motivation for producers?

Question

Quizplus · Accepted Answer

The most important motivation for producers is to maximize economic profits, as it is a key measure of success in the marketplace. While minimizing external costs and social costs may also be important for ethical reasons, they are not necessarily the primary focus of producers. Maximizing social benefits and private revenues at the same time may also be desirable, but it is difficult to achieve in practice and may not always be a feasible goal.

Which of the Following Is Assumed to Be the Most