Profit maximization — In economics, profit maximization is the process by which a firm determines the price and output level that returns the greatest profit. There are several approaches to this problem. The total revenue total cost method relies on the fact that… … Wikipedia
Maximization — or maximisation can refer to: Maximization in the sense of exaggeration Entropy maximization Maximization (economics) Profit maximization Utility maximization problem Budget maximizing model Shareholder value maximization Optimization… … Wikipedia
Profit (economics) — In economics, the term profit has two related but distinct meanings. Normal profit represents the total opportunity costs (both explicit and implicit) of a venture to an entrepreneur or investor, whilst economic profit (also abnormal, pure,… … Wikipedia
maximization — maximize max‧i‧mize [ˈmæksmaɪz] also maximise verb [transitive] 1. to increase something such as profit or income as much as possible: • The company s main function is to maximize profit. maximization also maximisat … Financial and business terms
profit — noun ADJECTIVE ▪ big, considerable, decent, enormous, fat, good, greater, handsome, healthy, hefty, high … Collocations dictionary
profit maximisation — / prɒfɪt ˌmæksɪmaɪˌzeɪʃ(ə)n/ noun a business strategy or policy based on achieving as high a profit as possible ● The company considers profit maximization a socially irresponsible policy … Marketing dictionary in english
Maximization (economics) — Maximization is an economics theory, that refers to individuals or societies gaining the maximum amount out of the resources they have available to them.Fact|date=November 2007 The theory proposed by most economists is that maximization refers to … Wikipedia
Profit motive — For maximization and minimization in the mathematical sense, see optimization (mathematics). The profit motive is the concept in economics that refers to individuals being provided incentive to relinquish some of their spending power (i.e.… … Wikipedia
maximization — noun Maximization is used after these nouns: ↑profit … Collocations dictionary
Impact maximization — Impact maximizing companies endeavor to make the greatest positive impact on society, much like profit maximizing companies, according to the economic theory that defines the term, theoretically work to maximize profit. The concept of impact… … Wikipedia
Utility maximization problem — In microeconomics, the utility maximization problem is the problem consumers face: how should I spend my money in order to maximize my utility? Basic setupSuppose their consumption set, or the enumeration of all possible consumption bundles that… … Wikipedia