Linked from

The 12 pages that link to Profit maximization, each with the reason it gives.

• MonopolyRelated: A monopolist chooses output by comparing marginal revenue with marginal cost.

• Neoclassical economicsRelated: This assumption gives firms a rule for responding to costs and market prices.

• Market powerRelated: A firm exercises market power by choosing its preferred price and output, not merely accepting a market price.

• Marginal costRelated: A firm often expands output until marginal revenue equals marginal cost.

• Marginal analysisRelated: A firm can test whether one more unit raises profit by comparing added revenue and cost.

• ProfitRelated: It treats profit as a target for business decisions.

• Walrasian equilibriumRelated: Firms’ optimal production plans determine the supply entering the equilibrium conditions.

• Arrow–Debreu modelRelated: Firms select output plans using the prices of all contingent commodities.

• Cost curveRelated: Comparing marginal cost with marginal revenue helps select a profit-maximizing output.

• MicroeconomicsRelated: It links firms' production decisions to supply and market prices.

• Managerial economicsRelated: It is a common benchmark for evaluating a firm's output and pricing decisions.