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[ adjective ] making the profit as great as possible
Synonyms Examples "the profit-maximizing price" Related terms |
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[ adjective ] making the profit as great as possible
Examples "the profit-maximizing price Used in print (Allan J. Braff and Roger F. Miller, "Wage-Price...)Where the industry 's product price has been kept below the `` profit_maximizing '' and `` entry limiting '' prices due_to fears of public reaction , the profit seeking producers have an interest in offering little real resistance to wage demands . Since marginal_costs rise when the wage rate rises , the profit_maximizing price also rises when the public limit price is elevated , and is likely to remain well above the latter . Related terms |
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