Entrepreneurs' singular focus on profitA) often comes at the expense of efficiency.B) encourages efficiency.C) causes them to neglect other aspects of the business.D) discourages use of the MB = MC rule.

Question

Julia Gionet-Lemery · Accepted Answer

Final Answer : B, Explanation :  Entrepreneurs' focus on profit encourages efficiency as they seek to maximize returns on their investments, often by optimizing operations and reducing waste.

Entrepreneurs' singular focus on profit

A) often comes at the expense of efficiency.
B) encourages efficiency.
C) causes them to neglect other aspects of the business.
D) discourages use of the MB = MC rule.

Definitions

Learning Objectives

Learning Objectives

Related questions