Profit maximisation: Difference between revisions
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imported>Doug Williamson (NEW ENTRY - added to align with Glossary) |
imported>Doug Williamson (Link with Classical economics page) |
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The objective, or the practice, of maximising profits. | The objective, or the practice, of maximising profits. | ||
In classical economics, all market participants are assumed to be rational and profit-maximising. | |||
==See also== | ==See also== | ||
*[[Classical economics]] | |||
*[[Corporate social responsibility]] | *[[Corporate social responsibility]] | ||
*[[Efficient market hypothesis]] | *[[Efficient market hypothesis]] | ||
*[[Profit]] | *[[Profit]] | ||
*[[Profit maximising output]] | *[[Profit maximising output]] | ||
*[[Rational]] | |||
[[Category:Corporate_financial_management]] |
Latest revision as of 13:39, 1 May 2018
The objective, or the practice, of maximising profits.
In classical economics, all market participants are assumed to be rational and profit-maximising.