Profit maximization seeks to find new methods to increase net revenue for a business, often without relying on increased demand or changing sales prices – although these are also viable ...

Groupon is an example of a company that is maximizing sales at the cost of profit. Their advertising cost to obtain new members is higher than the sales generated by those members.

Learn about the marginal cost of production and marginal revenue and how the two measures are used together to determine the profit maximization point.

A study of daily newspaper cost behavior is used to illustrate a method of estimating cost function parameters using cross-section output and price data only. The cost parameter estimates are obtained ...

Cost-plus pricing's limitations can result in missed revenue opportunities and a failure to maximize profits. Value-based pricing can be a more effective strategy.