The revenue-maximizing price is the cost at which a business will make the most revenue for a given item. In order to find the price that will maximize revenue, a business must either experiment with ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Somer G. Anderson is CPA, doctor of accounting, ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Robert Kelly is managing director of ...

https://doi.org/10.15609/annaeconstat2009.121-122.45 • https://www.jstor.org/stable/10.15609/annaeconstat2009.121-122.45 Copy URL We consider a duopoly, each firm ...

Every company aims to maximize profit. Yet, in the frenzy of everyday work, it is not uncommon for "urgent" issues to supplant "important" ones, thereby shifting the focus of marketing professionals.

We consider a retailer's problem of optimally pricing a product and making order quantity decisions without knowing the function specifying price–demand relationship. We assume that the price is set ...