Profit maximization is a method of setting prices for your products so they return the most possible revenue and profitability to your business. A company could theoretically sell out its entire ...

In this paper, the standard model of profit maximization is extended to include multi-product production in a market characterized by impatient customers. A formal model is presented that includes ...

When Is Profit Maximization Bad for Business?. Maximizing profits by minimizing service and integrity can lead to business problems that eventually sink a business, as shortcuts and bad PR cause ...

This model is based on a behavioral definition of the economic theory of profit maximization and situates business ethics within opportunity costs. Within that context, they argue that good business ...

The profit maximization problem is used as an example. The Comparative Statics Wizard is extremely flexible -- any problem solved by Excel's Solver can be run through the Wizard to get comparative ...

America's obsession with shareholder primacy for the past four decades is hurting our economy and has to change.