Business, 30.11.2021 22:50 abatek28

Suppose an entrepreneur in New Hampshire wanted to expand her supply of maple syrup and maple sugar products to compete with similar businesses in the state. She knows she has to stay within fair market prices, especially since maple products are seasonal. She also wants to appeal to the related economic behavior. How would profit motive impact this entrepreneur’s decisions? Define profit motive and provide at least two examples of the role of profit motive in this type of business.

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Suppose an entrepreneur in New Hampshire wanted to expand her supply of maple syrup and maple sugar...

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