Profit Maximization Problem.

This business problem for microeconomic students might be used as part of a problem set or as a take-home exam. It highlights the importance of marginal analysis and the implications of the fact that rational individuals will undertake the most cost-effective measures first. Copyright 1997 by Oxford University Press.

MoreLess

Year of publication:	1997
Authors:	Hemenway, David ; Kohlberg, Elon
Published in:	Economic Inquiry. - Western Economic Association International - WEAI. - Vol. 35.1997, 4, p. 862-63
Publisher:	Western Economic Association International - WEAI

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005568037