Please can you help list and explain the various theories of proft that we have in economics. I am a postgrudate student of the university of lagos, Nigeria studing ECN 845: advanced micro-economics.
1. Profit Maximisation is the main objective of a firm" Discuss this statement with the help of an example.
The positive difference between revenues and cost is called profit and is claimed by the entrepreneur.
hard to discuss. To really explain it I'd need a graph which I don't have. But Profit maximization is the ATC (Average total cost) and MR (Marginal Revenue) equal each other
yes
Profit sharing is when an organization shares a portion of their profits with their employees. It is good because it encourages employees to increase their production. One downfall to it is the fact that money can't be used for research and development or hiring new employees.
1. Profit Maximisation is the main objective of a firm" Discuss this statement with the help of an example.
The positive difference between revenues and cost is called profit and is claimed by the entrepreneur.
hard to discuss. To really explain it I'd need a graph which I don't have. But Profit maximization is the ATC (Average total cost) and MR (Marginal Revenue) equal each other
What therories are used in google Inc. for employee statisfactions and gains
Prophet is pronounced the same as profit, but is a different word.
Carlo Panico has written: 'Interest and Profit in Theories of Value and Distribution (Studies in Political Economy)'
There are many programs based on different theories of alcoholism. They include AA and other 12 step programs and non-12 step programs such as the non-religious, non-profit Saint Jude Program.
the difference between Profit maximisation and share price maximisation
Chain banking means the situation like in India. the different branches of same bank will act as one unit. If one branch is making profit and another making loss, the loss making branch will not be closed.
An important point to remember is that the principles of allocation are the same for for-profit and not-for-profit organizations. The only difference is that the cost objects will be dissimilar.
AnswerMost Blue Crosses are "not-for-profit" which is slightly different from non-profit.
yes