The revenue-maximizing price is the cost at which a business will make the most revenue for a given item. In order to find the price that will maximize revenue, a business must either experiment with ...

Econometrica publishes original articles in all branches of economics - theoretical and empirical, abstract and applied, providing wide-ranging coverage across the subject area. It promotes studies ...

Hai Mag is the co-founder and CEO of Eva, Profit Maximization Software and Agency Services for Amazon and all Marketplaces. In the ever-evolving landscape of Amazon businesses, staying ahead demands ...

This paper hinges on the distinction between "maximizing profit" and "making profit." It recounts from Adam Smith the ethical basis for profit making, and observes in Augustin Cournot why the ...

Since the late 1970s, when American companies were fat and complacent, the focus of American business has been on the bottom line. Spurred on by activist shareholders, private-equity firms, and ...

Since the late 1970s, when American companies were fat and complacent, the focus of American capitalism has been on the bottom line. Spurred on by activist shareholders, private-equity firms, and ...

While all businesses require some level of passion to be successful, marketing agencies must take this to a whole new level. As marketing entrepreneurs, you’re not building gadgets in a factory.