Learn how monopolies maximize profits by equating marginal cost and revenue. Discover the economic principles guiding price and output decisions in monopoly markets.

Unless you are a philanthropist running a nonprofit organization, your main motivation for being in business is to generate a healthy income. How you reach that objective, however, will depend on many ...

In the midst of global economic complexities and societal challenges, the traditional metrics of corporate success are undergoing a profound re-evaluation. During the recent World Economic Forum week ...

Once the ROI analysis is run, you have the opportunity to easily run alternative scenarios. Slight variations in the strategies developed can have significant impact on the profit potential. Consider ...

Hai Mag is the cofounder and CEO of Eva, Profit Maximization Software and Agency Services for Amazon and all Marketplaces. In today's competitive e-commerce landscape, many brands rely heavily on ...

Pricing strategies should be flexible enough to balance two competing requirements: drive sales and achieve market share growth, while maintaining minimum profit margins. Pricing is an integral part ...

We examine how the confluence of competition and upstream innovation influences downstream firms’ profit-maximizing strategies. In particular, we analyze how, in light of these forces, the downstream ...

Pricing. Is there any word that confers some whisper of dark arts than pricing? Or any question that instills less confidence than, “How did you derive your pricing strategy?” Many times, startups ...