Why does operating surplus not arise …

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Posted by Alec Kina 5 years, 1 month ago
- 2 answers
Yogita Ingle 5 years, 1 month ago
Reason that goverment's operating surplus is zero or nil is that the main motive of government is maximisation of social welfare rather than profit.
The subsistence sector relies on natural resources to provide basic needs. Even the term subsistence means supporting oneself at minimal level. Accordingly, their operating surplus is minimal or zero.
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Aaiman Farhin 5 years, 1 month ago
0Thank You