Profit Maximization Rule, 이익 최대화 룰
- 최초 등록일
- 2008.10.29
- 최종 저작일
- 2006.04
- 6페이지/
MS 워드
- 가격 2,000원
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소개글
Profit Maximization Rule at Arizona State University
목차
1.0 MAGINAL COST
2.0 MARGINAL REVENUE
3.0 PROFIT MAXIMAZATION RULE
본문내용
Profit Maximization Rule
All business managers including CEOs and retailers choose specific output levels because they want to make more money by managing their business well. Amazingly, the rule applies to every business firm. When you manage your store, do you know how many goods you should produce? How can you determine the specific point for profit maximization? For this essay, I read two books in my microeconomic classes. In addition, for the secondary research I read numerous websites. From these resources this paper outlines the rule of maximum profit, which occurs when marginal cost equals marginal revenue.
1.0 MAGINAL COST
“Marginal cost is the additional cost of producing one more unit of output.” (Boyes, Melvin, 180). What is the meaning of marginal unit? Marginal unit is an additional unit (Boyes, Melvin, 180). Economists classify between marginal unit and total unit,
참고 자료
Willium Boyes., and Michael Melvin. Microeconomics Boston:
Charles Hartford, 2005.
Ki Su Kim. Pinciple of Microeconomics Seoul:
Myung Gy Sa, 2002.
<http://www.economyprofessor.com> “Marginal Cost Pricing”, Economy
Professor Website. Retrieved on (10 April 2006)
Willium Boyes., “Microeconomics Class: ECN 112” Arizona:
Arizona State University, 2006
Ki Su Kim. “Principle of Microeconomics Class” Seoul:
Myung Gy University, 2003
Johnsonmi. “Profit loss and Perfect competition.”
Merced college website Retrieved on (8 April 2006)
<http://www.mccd.edu/faculty/johnsonmi/>