When a small business is first getting started, its goal may appear relatively straight forward: to make as much money as possible for its owners. But for a business to be successful long term, a new ...

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 ...

Journal of Productivity Analysis, Vol. 27, No. 3 (JUNE 2007), pp. 231-236 (6 pages) Determining the profit maximizing input-output bundle of a firm requires data on prices. This paper shows how ...