Profit Maximization VS Wealth Maximization
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Hey Learners,
In This Video You Will Know About The Differences Between Profit Maximization And Profit Maximization And It Will More Helpful In Your Exams.
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Wealth Meaning : Wealth is typically measured by net worth, which is the total value of money and owned assets owned (e.g.,real estate,stocks) minus the total value of all debts (e.g.,credit cards,loans).
Profit Meaning : Profit is the money you have left after paying for business expenses