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Examples of Profit Maximization. Profit maximization can increase a company's gains in the short term, but over the long run it can can have negative repercussions for employees, owners and ...
This article seeks to develop the concept of profit used in the micro-economic theory of the firm and to examine its potential as an accounting measure. Using a simple economic model, it is ...
Businesses of all sizes, including small businesses, need to have a firm grasp on the concepts of marginal revenue and break-even point. Without this knowledge, businesses are left floundering ...
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