Marginal cost is the added expense of producing one more unit. A horizontal marginal cost curve indicates consistent production costs. Businesses may aim to maintain horizontal costs to stabilize ...

A rational business's main goal is always to maximize profits. As complicated as business processes can be, the end goal always remains reaching the maximum profit. There are many ways a company has ...

To earn a profit during an accounting period, a business must ensure that it makes enough sales to earn revenue in excess of the costs of production and sales. To determine the amount of sales the ...