When running a small business, decisions must be made to help ensure profit maximization and continued success. Understanding some of the basic economic principles at work behind the scenes can help ...

In capitalist economies, the primary goal of for-profit companies is to maximize their profits. This doesn't mean that companies focus on profits at the expense of everything else, though. Instead, ...

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Profit motive is the desire to achieve financial gain that is behind the drive for profits ...

World Review of Political Economy, Vol. 15, No. 2 (Summer 2024), pp. 291-327 (37 pages) The existence of long-run profitability differentials in market economies is a fundamental question that all ...