TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

POSITION PROFIT MAXIMUM [1 record]

Record 1 2015-03-02

English

Subject field(s)
  • Productivity and Profitability
  • Financial and Budgetary Management
  • Corporate Economics
CONT

... a competitive firm is at its Maximum-profit position when it is definitely producing all units that had MC [Marginal Cost] less than P [Price], and is definitely not producing further units for which MC is definitely greater than P.

CONT

A firm will find its Maximum-profit position where the last little unit it sells brings in extra revenue just equal to its extra cost.

French

Domaine(s)
  • Productivité et rentabilité
  • Gestion budgétaire et financière
  • Économie de l'entreprise

Spanish

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