How To Use Profit-maximizing In A Sentence
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In a cooperative 2-echelon lot-for-lot supply chain system under constant demand, the supply chain partners including a supplier and a retailer, are all selfish profit-maximizing firms.
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Over the years, economists have spent much effort to modify the capitalist, perfect-competition, profit-maximizing model of classical microeconomics to fit reality.
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The model examines the customer's decision of whether to shoplift or not as well as the store's profit-maximizing price and monitoring intensity.
Crime and Law
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Economic theory assumed that the company, like the individual entrepreneur, behaved as a profit-maximizing unit.
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the profit-maximizing price