When a small business is first getting started, its goal may appear relatively straight forward: to make as much money as possible for its owners. But for a business to be successful long term, a new ...

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 ...

Do not confuse profit maximization with revenue maximization. The term "revenue" is used to describe all money that a business receives, while profit refers to the net money that a business earns ...

Subhash C. Ray, Shadow profit maximization and a measure of overall inefficiency, Journal of Productivity Analysis, Vol. 27, No. 3 (JUNE 2007), pp. 231-236 ...

In justifying his attacks on Bain Capital, President Obama argues that “profit maximization” might be an appropriate goal for a private-equity firm, but not for more general public policy ...