Define the term. Profit motive

  1. why is it important to protect profit motive in a mixed economyprofit motive ensures that the government is encouraged to
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  2. Define the term.Profit motive an individual or company's desire to seek and maximize profits. It helps to fuel economies as
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  3. Which most strongly drives producers in a free-market economy?Responses profit motive profit motive utility satisfaction utility
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  4. What term refers to the process used to produce a good or service, such as using a robotic device to assemble cars?open
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  5. 1.3 What is a major differentiating incentive between non-profit organisations (NPOs)and businesses? A. The management style B.
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  6. Seek self-knowledge discuss and provide practical examples1.Appraisal motive 2. Self-enhancement motive 3. Consistency motive
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  7. Discuss why people seek self-knowledge and provide practical examples for the following :1. Appraisal motive 2. Self-enhancement
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  8. Which does the government do in a socialist country?Responses ensure free choice for consumers ensure free choice for consumers
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  9. In monopolistic competition if there is profit, there is:Question 31 options: A) a signal for new firms to enter. B) a motive
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  10. 6. Define the term budget. (2)7. You bought a wallet for N$180,00 and then sold it for N$ 250,00. (3) a. Did you make a profit
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