select all that apply what are some of the drawback(s) to profit maximization as the primary goal of the firm? multiple select question. there is no drawback associated with profit maximization as the primary goal of the firm it fails to consider the timing of the benefits. it may not account for increases in risk with higher profits. the firm may have to claim more tax exemptions due to making more profit.

Respuesta :

Some of the drawback(s) to profit maximization as the primary goal of the firm are:

  • it may not account for increases in risk with higher profits.
  • the firm may have to claim more tax exemptions due to making more profit.

What is profit maximization?

Profit maximization can be described s the term that  explain the effort of a firm to be able to increase their profit that is been generated to the company .

It should be noted that one of the draw back that can be associated to the profit maximization is that there could be some risk that would be associated to this in the long run because the maximization will still be okay at the shoprt run.

Therefore, the second to the last option and the last option are correct.

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