Maximizing revenue will always maximize the wealth of the owners.

Name: Maximizing revenue will always maximize the wealth of the owners.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Maximizing revenue may not necessarily result in maximizing the wealth of the owners as there are other factors involved such as costs, taxes, and investment decisions. Profit maximization is a better goal as it considers both revenue and costs, resulting in increased profits which can then be reinvested to increase wealth.

Maximizing Revenue Will Always Maximize the Wealth of the Owners