RE: 09-04-2024 - Economy - revenue maximization [EN]-[IT]

You understood perfectly the meaning of the free market, or these are things you already knew. Exchanging opinions with you is always a pleasure. In this article I try to describe the concept of revenue maximization which is basically a simple concept. Maximum profit is achieved when total cost and total revenue are at their maximum distance. The other concept that I consider important is that when we are in a perfectly competitive market (example rice market) the total revenue increases proportionally as the quantity increases !LOLZ