Question: Statement 1: Profit maximization is generally better than wealth maximization Statement 2: Profit maximization does not consider risks and the timing of returns. Group of

Statement 1: Profit maximization is generally better than wealth maximization Statement 2: Profit maximization does not consider risks and the timing of returns. Group of answer choices Statement 1 is incorrect; statement 2 is correct Both statements are correct Both statements are incorrect Statement 1 is correct; statement 2 is incorrect

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