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But the individual profits to be made from the public's misfortune in health are enormous.
New entrepreneurs – and, of course, Sir Ray Tindle – have recognised this and responded by launching highly-localised weekly, sometimes monthly, titles... Individual profits are small but, just like the first family owners, each title can be the building block in an expanding group.
In a competitive electricity market, generation companies design bidding strategies to maximize their individual profits subject to the constraints imposed by bidding rules.
The following suppliers and customers in the upstream and downstream then optimize their transactions with the manufacturer to maximize their individual profits.
In case of competition, PU's aim is to maximize their individual profits at the expense of profit reduction of other PUs [11 13].
We investigate how subjects decide on prices and quantities in response to signals from the firms׳ internal conditions, i.e., individual profits, excess demand, and excess supply, and the market environment, i.e., aggregate price level.
Similar(52)
Market economy- resources are allocated according to individual private profit.
In "The Devil's Dictionary," Ambrose Bierce famously defined a corporation as "an ingenious device for obtaining individual profit without individual responsibility".
It seems that leading co-operation and not necessarily obtaining a higher individual profit are seen by some as a source of status".
It is time governments reasserted their authority – stopped countries being run by the unelected heads of unaccountable corporations for their individual profit, and began to organise the countries of Europe for the benefit of all its citizens.
We find that the manufacturer and the retailer overstate their information to gain more individual profit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com