Lawrence J. Lau, Pan A. Yotopoulos, Profit, Supply, and Factor Demand Functions, American Journal of Agricultural Economics, Vol. 54, No. 1 (Feb., 1972), pp. 11-18 ...

We consider the design of regulatory policy when the regulator is imperfectly informed about both the firm's cost function and the demand function it faces. To some extent the optimal policy here is ...

The revenue-maximizing price is the cost at which a business will make the most revenue for a given item. In order to find the price that will maximize revenue, a business must either experiment ...