The formula itself is simple: Revenue - Expenses = Profit. However, the real challenge lies in maximizing your revenue and minimizing your expenses.

What Is the Profit Maximizing Amount of Labor to Hire?. Hiring the appropriate number of employees to sustain productivity and maximize profits is a tricky endeavor for any business owner. Even in ...

How to Maximize Your Profits. Business owners want their bottom line to be as profitable as possible. To maximize profits, the owner must be diligent in cutting frivolous costs and boost ...

Journal of Productivity Analysis, Vol. 27, No. 3 (JUNE 2007), pp. 231-236 (6 pages) Determining the profit maximizing input-output bundle of a firm requires data on prices. This paper shows how ...

Eirik Amundsen, The Substitution, Output and Profit-Maximizing Effect in the Theory of the Firm. A Pedagogical Note, The Scandinavian Journal of Economics, Vol. 81, No. 4 (1979), pp. 569-571 ...