What is the goal of all economic decisions in a market economy? profit minimization benefit maximization free enterprise democracy

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What is the goal of all economic decisions in a market economy? profit minimization benefit maximization free enterprise democracy

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HistoryGuyid HistoryGuyid · Answer 1

HistoryGuyid HistoryGuyid

In a market economy, the end-goal is profit maximization. There are of course limits on how a company can go about making profits, and usually the government intervenes to assure this fairness is practiced.

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