Maximizing profit is a common long-term goal for new business owners or managers. However, you often have to work through a number of constraints, some that you have control over and others that you ...

When a small business is first getting started, its goal may appear relatively straight forward: to make as much money as possible for its owners. But for a business to be successful long term, a new ...

The Bell Journal of Economics and Management Science, Vol. 1, No. 1 (Spring, 1970), pp. 129-142 (14 pages) This paper extends a simple economic model of the regulated firm to include a wider range of ...