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What Considerations Do Perfectly Competitive Firms Make?. When running a small business, decisions must be made to help ensure profit maximization and continued success. Understanding some of the ...
These two motivations are the basic difference between profit and revenue maximization and illustrates the difficulty in choosing the appropriate strategy for a small business just starting out.
Claude d'Aspremont, Rodolphe Dos Santos Ferreira, Jacques Thépot, Hawks and Doves in Segmented Markets: Profit Maximization with Varying Competitive Aggressiveness, Annals of Economics and Statistics, ...
In justifying his attacks on Bain Capital, President Obama argues that “profit maximization” might be an appropriate goal for a private-equity firm, but not for more general public policy ...
In this paper we estimate the best responses of soccer clubs to the choices of other clubs in Spanish and English leagues over the period 1994-2004. We find that choices are more closely approximated ...