Profit maximization is a method of setting prices for your products so they return the most possible revenue and profitability to your business. A company could theoretically sell out its entire ...

Most business owners get into business to make money, profit-seeking business owners welcome cost-based pricing for its straightforward path to calculating profit. All they need to focus on is ...

Journal of Productivity Analysis, Vol. 27, No. 3 (JUNE 2007), pp. 231-236 (6 pages) Determining the profit maximizing input-output bundle of a firm requires data on prices. This paper shows how ...

Business owners want their bottom line to be as profitable as possible. To increase profit, you must be diligent in cutting frivolous costs and boosting productivity among employees. This ongoing ...

Some people assume that there is one monolithic standard for calculating “net profits” for all purposes. When they hear that a film company has reported a certain amount of net profits for one purpose ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Profit is a key indicator of a company’s long-term viability and success. Understanding your small business’s profitability can help with cost-cutting, pricing, and investment decisions. Here’s ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...