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Keywords: Profit and loss
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Journal Articles
In defense of profit-seeking
Available to Purchase
Journal of Economic and Administrative Sciences (2014) 30 (1): 53–59.
Published: 13 May 2014
.../methodology/approach – The authors undertake an economic analysis of the phenomenon of profit-seeking. The paper explores how profits lead to resource allocation, wealth creation, the promotion of human welfare and well-being. Findings – The paper finds that the system of profit and loss, part...
