Profit maximisation: Difference between revisions

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imported>Doug Williamson
(Expand for Rational.)
imported>Doug Williamson
(Link with Classical economics page)
 
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==See also==
==See also==
*[[Classical economics]]
*[[Corporate social responsibility]]
*[[Corporate social responsibility]]
*[[Efficient market hypothesis]]
*[[Efficient market hypothesis]]

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.


See also