• 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 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...
    44 KB (4,049 words) - 14:01, 4 August 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
  • 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...
    34 KB (3,773 words) - 23:04, 4 August 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 (2,650 words) - 14:30, 24 July 2025
  • 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
  • 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 (3,395 words) - 15:00, 2 August 2025
  • 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....
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  • Utility maximization was first developed by utilitarian philosophers Jeremy Bentham and John Stuart Mill. In microeconomics, the utility maximization problem...
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  • 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 (6,708 words) - 16:46, 30 July 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 (2,857 words) - 06:22, 18 July 2025
  • 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...
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  • that a firm maximizes profit by producing that quantity of output where marginal revenue equals marginal costs. The profit maximization issue can also...
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    siloed areas of tactical responsibility. Glen Petersen's book The Profit Maximization Paradox sees the changes in the competitive landscape between the...
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  • participants in the RDA's quest for profit. While Milton Friedman's shareholder theory defends profit maximization within legal and ethical boundaries...
    22 KB (2,661 words) - 18:22, 30 July 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...
    151 KB (13,383 words) - 19:21, 4 August 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...
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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...
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  • microeconomics courses, profit maximization is frequently given as the goal of the firm. ... In microeconomics, profit maximization functions largely as...
    157 KB (16,463 words) - 17:58, 4 August 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) - 06:38, 29 June 2025
  • "economic profit". Cash flow return on investment (CFROI) Fairfield Plaza, Inc. v. Commissioner Negative return (finance) Profit maximization Profitability...
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  • 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...
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  • 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
  • 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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  • average unit cost is higher. The Lerner Rule comes from the firm's profit maximization problem. A firm choosing quantity Q {\displaystyle Q} facing inverse...
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  • 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 Innovation
    current hegemonic purpose for innovation is capital valorisation and profit maximization, exemplified by the appropriation of knowledge (e.g., through patenting)...
    89 KB (9,703 words) - 08:34, 1 August 2025
  • 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 (5,565 words) - 05:10, 26 July 2025
  • abandon established capitalist 'laws' such as competitive production, profit maximization, productivity and growth", as they are principles any business in...
    9 KB (1,052 words) - 22:07, 24 May 2025
  • Thumbnail for Benefit corporation
    and as one that aspires to a standard they consider higher than profit-maximization for shareholders. Yvon Chouinard, founder of Patagonia, has written...
    42 KB (3,564 words) - 06:41, 1 August 2025