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Do not confuse profit maximization with revenue maximization ... This is known as a demand curve, so called because you can plot it on a graph. If demand for a product substantially decreases ...
In justifying his attacks on Bain Capital, President Obama argues that “profit maximization” might be an appropriate goal for a private-equity firm, but not for more general public policy.
Unfortunately, this obsession with profit maximization has come at a cost. By focusing their entire effort on the bottom line, many American companies have reduced their value to the other ...
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