The private enterprise system guarantees a profit for each business firm, as long as it does not break the law.

Question

Quizplus · Accepted Answer

The private enterprise system does not guarantee a profit for each business firm, as there is always the risk of competition, market changes, and other factors that can affect a company's profitability. However, businesses can strive to maximize profits without breaking the law.

The Private Enterprise System Guarantees a Profit for Each Business