Profit maximization

From Conservapedia
This is the current revision of Profit maximization as edited by DavidB4-bot (Talk | contribs) at 14:24, July 1, 2016. This URL is a permanent link to this version of this page.

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Profit maximization is the goal of almost all firms. There is only one point in production when profit is maximized and it occurs when the Marginal Revenue equates the Marginal Cost.

Certain firms may have other agendas to consider besides profit maximization. One example, is sales.