An Excel workbook called ProfitMax.xls provides a simple example of how to use Solver and the Comparative Statics Wizard. The Comparative Statics Wizard is an Excel add-in that walks the user through ...

When a small business is first getting started, its goal may appear relatively straight forward: to make as much money as possible for its owners. But for a business to be successful long term, a new ...

I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...

This is a preview. Log in through your library . Abstract In this paper we explore various criteria for risky decision making and examine the relationship among these rules, full cost pricing, and ...

Many economists teach that joint profit maximization leads to a determinate quantity and indeterminate price of the intermediate good traded. Using isoprofit curves, the Truetts argue that only one ...

The health of a population is dependent upon a wide variety of factors—environmental conditions, lifestyle choices and behaviors, genetics, and many more. But in their latest book, Building the Worlds ...

Though the effects of the most devastating financial crisis in decades have begun to fade, debate about companies' priorities – whether they should put profits or the common good first – is far from ...

GRAND RAPIDS, Mich., April 24, 2025 /PRNewswire/ -- Cavallo, the leader in AI-powered Profit Maximization, today announced the integration of its Profit Max Platform with Infor, a global leader in ERP ...