Why Maximizing Profits Is a Much Better Option for Small

question 37

Essay

Why maximizing profits is a much better option for small businesses than lowering prices to increase market share?

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Definitions:

Bipolar Disorder

A condition affecting mental health, characterized by dramatic mood changes from highs (mania or hypomania) to lows (depression).

Lithium

A chemical element used as a medication to treat mood disorders, such as bipolar disorder, by stabilizing mood swings.

Clinical Psychologist

A professional who diagnoses and treats mental, emotional, and behavioral disorders, often using various forms of therapy.

Psychoanalysis

A therapeutic approach and theory of mind developed by Sigmund Freud, emphasizing unconscious processes and childhood experiences in shaping behavior and psyche.