A profit-maximizing firm focuses on raising net earnings and proving profitability to investors whenever possible. While businesses often fall into profit-seeking behaviors naturally, there are other ...

Much economic theory is based not on marginal analysis of totals but on analyzing the changes caused by increasing or decreasing those totals. Marginal cost is the increase in total costs resulting ...

Marginal revenue and marginal benefits can help companies determine how much of a product to produce in order to maximize profits. Marginal benefit is a measure of a consumer's benefit of purchasing ...

Marginal cost is the added expense of producing one more unit. A horizontal marginal cost curve indicates consistent production costs. Businesses may aim to maintain horizontal costs to stabilize ...

Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

Business owners usually have employees who perform at different levels of efficiency. Some employees perform poorly and never reach their full potential, while others excel and outperform the typical ...

Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

NEW YORK--(BUSINESS WIRE)--Abakus, a marketing attribution solution that applies economic game theory to measure the true marginal contribution of marketing campaigns, channels, partners and ...

The marginal performance contribution made by new assets in a portfolio is identified. The maximum change in a portfolio's Sharpe performance from the addition of new assets is a simple function of a ...