Maximizing profits per unit always leads to the maximization of total profit.

Name: Maximizing profits per unit always leads to the maximization of total profit.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Maximizing profits per unit does not always lead to the maximization of total profit because it may lead to a reduction in the quantity sold, which can decrease overall profit. Total profit maximization often requires a balance between unit profit and volume sold.

Maximizing Profits Per Unit Always Leads to the Maximization of Total