Profit Maximisation
Essay specific features


Written by:
Paul L
Date added:
February 14, 2014
Level:
University
Grade:
A
No of pages / words:
8 / 2063
Was viewed:
1516 times
Rating of current essay:
Essay content:
Changes in these objectives can have forcible effects on the decisions that firms take day-to-day regarding pricing, output levels, the market and capital investment. Depending on the size of the corporation, objectives will evolve to meet changing economic conditions. The standard neo-classical assumption is that a business strives to maximize profits...
displayed 300 characters
Custom written essay
All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $11.99/page
Order custom paperFull essays database
You get access to all the essays and can view as many of them as you like for as little as $28.95/month
Buy database accessOrder custom writing paper now!
- Your research paper is written
by certified writers - Your requirements and targets are
always met - You are able to control the progress
of your writing assignment - You get a chance to become an
excellent student!
Get a price guote
The standard neo-classical assumption is that a business strives to maximize profits. Profit maximization is the process by which a firm determines the price and output level that returns the greatest profit, where marginal cost is equal to the marginal revenue. The theory of a firm tends to make this assumption because despite the growing importance for market survival and frequent calls for corporate social responsibility, creating a profit appears to be the most significant single objective of organisations in our market economy...
displayed next 300 characters
General issues of this essay:
Related essays:
-
1 pages, 270 words
-
2 pages, 283 words
-
2 pages, 311 words
-
3 pages, 717 words
-
3 pages, 563 words
-
3 pages, 739 words
-
3 pages, 581 words