Maximize profit.. Price stability with reduced cost
Profit = revenue - costs
Revenue = Quantity × Price
A set of decisions to maximize profit:
Increase with the price stability of the cost.
Price increase with the increase in cost.
Price stability with reduced cost.
Reduce the price while reducing the cost.
Provided that the reduction in the proportion of the largest costs to a certain extent the rate of reduction of price, in the fourth resolution, and the second resolution in the rate of increase in costs is less than the increase in the price.
