zairaefh283 zairaefh283
  • 24-09-2017
  • Business
contestada

Which identifies the reason why producers try to minimize costs and maximize revenue?

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quenbarr quenbarr
  • 07-10-2017
The profit motive identifies the reason why producers are trying to maximize the revenue and minimize the cost. The profit motive pushes the producers to minimize the revenue and maximize its cost. The profit motive is also the main force behind the decisions made by producers in a free-market society. 
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blixzy
blixzy blixzy
  • 08-05-2020

the answer is profit motive

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