Abstract
In order to ascertain whether a firm is maximising profits we have to know:
-
(a)
the price at which it can sell different outputs and the price at which it can buy different quantities of factors; and
-
(b)
whether it is free to enter another industry where it can make higher profits.
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© 1980 J. Harvey
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Harvey, J. (1980). The Firm’s Output: How Much to Produce. In: The Organisation in its Environment. Palgrave, London. https://doi.org/10.1007/978-1-349-16302-1_10
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DOI: https://doi.org/10.1007/978-1-349-16302-1_10
Publisher Name: Palgrave, London
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