In capitalist economies, the primary goal of for-profit companies is to maximize their profits. This doesn't mean that companies focus on profits at the expense of everything else, though. Instead, ...

Writing in the WSJ last week, economics professor Paul Rubin “takes the community organizer-in-chief to task for his dismissive comments about profit maximization” (ht/E. Frank Stephenson): In ...

When it comes to business, maximizing sales and profits are two fundamental objectives. Sales maximization is a business strategy that a company implements when it wants to focus on generating as much ...

This lab covers profit maximization for a perfectly competitive firm, including cost curves and the P < AVC shutdiwn rule.. Click the links below to download and open the Word (doc) file and Excel ...