Profit maximisation: Difference between revisions
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imported>Doug Williamson (Expand for Rational.) |
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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. | |||
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*[[Profit]] | *[[Profit]] | ||
*[[Profit maximising output]] | *[[Profit maximising output]] | ||
*[[Rational]] | |||
[[Category:Corporate_financial_management]] | [[Category:Corporate_financial_management]] | ||
Revision as of 21:19, 16 March 2018
The objective, or the practice, of maximising profits.
In classical economics, all market participants are assumed to be rational and profit-maximising.
