In this paper, the standard model of profit maximization is extended to include multi-product production in a market characterized by impatient customers. A formal model is presented that includes ...

The profit maximization problem is used as an example. The Comparative Statics Wizard is extremely flexible -- any problem solved by Excel's Solver can be run through the Wizard to get comparative ...

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 ...