Question: There are problems with using the profit maximization criterion. Which of the following is (are) correct? 1. Profit maximization has an ambiguous definition of maximizing

There are problems with using the "profit maximization" criterion. Which of the following is (are) correct? 1. Profit maximization has an ambiguous definition of "maximizing profits." II. Profit maximization fails to consider the risks associated with alternative decisions. Only statement is correct O Only statement II is correct Both statements I and II are correct Neither statement i nor II is correct Question 6 3 pts Financial middlemen include Securities brokers Securities dealers Investment bankers All of these are correct

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