profit maximization वाक्य
उदाहरण वाक्य
मोबाइल
- :The profit maximization assumption states that a firm will produce at the output rate " x " if that rate maximizes the firm's profit.
- In the "'neoclassical accelerator model "'of Jorgenson, the desired capital stock is derived from the aggregate production function assuming profit maximization and perfect competition.
- The profit maximization conditions can be expressed in a " more easily applicable " form or rule of thumb than the above perspectives use.
- The interval scheduling problem can be viewed as a profit maximization problem, where the number of intervals in the mutually compatible subset is the profit.
- Additionally, the private companies tended to focus more on profit maximization than on the quality and quantity of service provided because water is a natural monopoly.
- Alchian concludes that, despite uncertainty and the lack of knowledge by market participants, economists can still analyze the behavior of firms using the assumptions of profit maximization.
- A unifying theme is the attempt to optimize business decisions, including unit-cost minimization and profit maximization, given the firm's objectives and constraints imposed by technology and market conditions.
- Koo wrote in 2010 that firms may switch from a profit maximization objective to debt minimization until they are solvent ( i . e ., equity is positive ).
- For example, profit maximization lies behind the neoclassical theory of the firm, while the derivation of demand curves leads to an understanding of consumer goods, and the reservation demand.
- The firm decides what amount of the total output to sell in each market by looking at the intersection of marginal cost with marginal revenue ( profit maximization ).
- Under the marginal approach to profit maximization, to maximize profits, a firm should continue to produce a good or service up to the point where marginal profit is zero.
- A seminal article by Armen Alchian ( 1950 ) argued for adaptive success of firms faced with uncertainty and incomplete information replacing profit maximization as an appropriate modeling assumption.
- "It's a very cozy setup which does not allow for much concern about profit maximization at these companies, " said Vanous, who has been a critic of voucher privatization.
- As for the optimization criteria, the most usual objectives are the "'profit maximization "'or "'cost minimization "', but other alternatives are also conceivable, e . g ., throughput time minimization.
- If the predictions of the model fail, we conclude that the profit maximization hypothesis was false; this should lead to alternate theories of the firm, for example based on bounded rationality.
- However, as the amount of profit from ecotourism started to rise, the matters of protection of local environment and nature became secondary issues with all the attention focused on profit maximization.
- In order for an algorithm to optimally solve a profit maximization problem, the algorithm must produce an output that has as much profit as the optimal solution for every possible input.
- If the firm decides to operate it will produce where marginal revenue equals marginal costs because these conditions insure profit maximization ( or equivalently, when profit is negative, loss minimization ).
- China fits the model for the M-form as a result of their usage of multilevel models, goals of profit maximization, and the performance-driven nature of China s economic reforms ( Peng ).
- Abram Bergson has criticized the Lange model on the ground that monitoring firms to make sure their prices equal their marginal cost would be more expensive than enforcing profit maximization within firms.
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