Profit Maximization Is the Primary Objective of

question 4

Multiple Choice

Profit maximization is the primary objective of

• A) private firms.
• B) the government.
• C) the military.
• D) labour unions.
• E) political parties.

---

Definitions:

Torture

The act of inflicting severe pain or suffering on someone, typically to punish or coerce them into a particular action or confession.

Doctrine of Preemptive War

A theory that suggests a state can launch a war in anticipation of immediate aggression from another state.

WTO's Dispute Settlement Board

An entity within the World Trade Organization that deals with disputes between member countries regarding the interpretation and application of the WTO agreements.