• Thumbnail for Profit maximization
    In economics, profit maximization is the short run or long run process by which a firm may determine the price, input and output levels that will lead...
    28 KB (4,131 words) - 15:05, 17 March 2025
  • Thumbnail for Profit (economics)
    for profit maximization is market fractionation. A company may sell goods in several regions or in several countries. Profit is maximized by treating...
    23 KB (2,648 words) - 18:10, 14 April 2025
  • Thumbnail for Epic Systems
    lower severity levels decreased. Kuttner argues that this drive for profit maximization leads to providers spending two hours entering data for every hour...
    40 KB (3,635 words) - 19:15, 19 April 2025
  • nonprofit organizations may not make a profit. Although the goal of nonprofits is not specifically to maximize profits, they still have to operate as a fiscally...
    35 KB (3,891 words) - 04:23, 4 May 2025
  • In economics, the profit motive is the motivation of firms that operate so as to maximize their profits. Mainstream microeconomic theory posits that the...
    10 KB (1,282 words) - 22:55, 22 August 2024
  • Entropy maximization Maximization (economics) Profit maximization Utility maximization problem Budget-maximizing model Shareholder value, maximization Maximization...
    499 bytes (75 words) - 02:56, 14 January 2019
  • Thumbnail for Marginal profit
    approach to profit maximization, to maximize profits, a firm should continue to produce a good or service up to the point where marginal profit is zero....
    2 KB (138 words) - 05:28, 8 February 2024
  • that a firm maximizes profit by producing that quantity of output where marginal revenue equals marginal costs. The profit maximization issue can also...
    16 KB (2,203 words) - 03:38, 3 December 2024
  • marginal private cost that is used by business decision makers in their profit maximization behavior. Marginal social cost is similar to private cost in that...
    23 KB (3,393 words) - 06:44, 27 February 2025
  • Thumbnail for Marginal revenue
    price. Profit maximization occurs at the point where marginal revenue (MR) equals marginal cost (MC). If M R > M C {\displaystyle MR>MC} then a profit-maximizing...
    21 KB (2,858 words) - 06:00, 4 June 2024
  • Utility maximization was first developed by utilitarian philosophers Jeremy Bentham and John Stuart Mill. In microeconomics, the utility maximization problem...
    16 KB (2,267 words) - 15:50, 15 June 2024
  • Monopoly (redirect from One monopoly profit)
    preserve excess profits because barriers to entry prevent competitors from entering the market. Profit maximization: A PC company maximizes profits by producing...
    95 KB (12,744 words) - 00:44, 14 April 2025
  • Thumbnail for Friedman doctrine
    various financial institutions which engaged in excessive risk for profit maximization, causing the bubble and collapse of the American real estate market...
    26 KB (2,864 words) - 00:39, 13 April 2025
  • Shareholder value is a business term, sometimes phrased as shareholder value maximization. The term expresses the idea that the primary goal for a business is...
    54 KB (6,706 words) - 00:48, 13 April 2025
  • Thumbnail for Economic model
    profit or utility maximization. An example of such a model is given by the comparative statics of taxation on the profit-maximizing firm. The profit of...
    30 KB (3,862 words) - 16:59, 24 September 2024
  • only profit maximization (loss minimization) but also maximum contribution. Another way to state the rule is that a firm should compare the profits from...
    46 KB (6,535 words) - 02:22, 23 April 2025
  • microeconomics courses, profit maximization is frequently given as the goal of the firm. ... In microeconomics, profit maximization functions largely as...
    156 KB (16,282 words) - 12:36, 8 May 2025
  • Thumbnail for Sales
    siloed areas of tactical responsibility. Glen Petersen's book The Profit Maximization Paradox sees the changes in the competitive landscape between the...
    27 KB (3,336 words) - 10:29, 4 May 2025
  • OpenAI (category Non-profit organizations based in San Francisco)
    Sam Altman, accusing them of shifting focus from public benefit to profit maximization—a case OpenAI dismissed as “incoherent” and “frivolous,” though Musk...
    218 KB (19,027 words) - 18:47, 5 May 2025
  • understanding the competition between two firms based on the motive of profit maximization. The impacts of consumer and competitor incentives on business decisions...
    70 KB (7,943 words) - 17:10, 28 April 2025
  • unit. Otherwise, if the cost of capital is higher, the firm will be losing profit when adding extra units of physical capital. This concept equals the reciprocal...
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  • Thumbnail for Comparative statics
    profit function satisfies the smoothness and concavity requirements, the comparative statics method above describes the changes in the firm's profit due...
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  • "economic profit". Cash flow return on investment (CFROI) Fairfield Plaza, Inc. v. Commissioner Negative return (finance) Profit maximization Profitability...
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  • an attempt to achieve an optimal situation, firms can maximize profits with this Maximized profit function: d Y S ( L D ) d L D = ω {\displaystyle {\frac...
    5 KB (756 words) - 11:22, 10 May 2024
  • N}u_{i}(X_{i})} . The welfare maximization problem is: find an allocation X that maximizes W(X). The welfare maximization problem has many variants, depending...
    21 KB (2,835 words) - 08:34, 28 March 2025
  • into customer behaviour (buying decisions, etc.) and, eventually, profit maximization by consolidation and expansion of the customer base. Customer data...
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  • to maximize profit given their competitors' decisions. An essential assumption of this model is the "not conjecture" that each firm aims to maximize profits...
    28 KB (4,377 words) - 13:08, 14 October 2023
  • Thumbnail for Business
    Business (redirect from For-profit)
    and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors...
    50 KB (5,495 words) - 14:14, 2 May 2025
  • Thumbnail for Motivation
    self-interest of firms to maximize profit, actions that lead to that outcome are considered rational while actions that impede profit maximization are considered...
    145 KB (14,598 words) - 09:09, 26 April 2025
  • Thumbnail for Innovation
    current hegemonic purpose for innovation is capital valorisation and profit maximization, exemplified by the appropriation of knowledge (e.g., through patenting)...
    89 KB (9,515 words) - 14:59, 24 April 2025