Topic Videos

Profit satisficing

Level:
AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 14 Apr 2019

This revision presentation looks at profit satisficing as an alternative objective for businesses. Why might firms satisfice? What are some of the possible consequences for economic welfare and efficiency?

Profit satisficing

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.