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3.2.1 Business objectives

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Question 1

Marcus now decides to change his business objective from profit maximisation to revenue maximisation. This change will lead to:

an increase in the price of gym memberships

an increase in the level of profit

a decrease in the volume of memberships sold

a decrease in the price of gym memberships

3.2.1 Business objectives Questions

  1. A Level
  2. /Economics
  3. /3.2.1 Business objectives