Advertisement
Published in:
2000 | OriginalPaper | Chapter
Conclusions on Costs, Revenue and the Equilibrium of the Contracting Firm
Author : Patricia M. Hillebrandt
Published in: Economic Theory and the Construction Industry
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
Having completed a study of the costs of the firm and the industry (Chapters 10, 11 and 14) and of the demand facing the firm (Chapters 12–14) and the industry (Chapter 4–8), it is appropriate first to summarise the main findings and then to combine them, and to draw some conclusions on the equilibrium position of the firm on the two main assumptions of the objectives of the firm, namely profit maximisation and maximisation of turnover with a profit constraint (Chapter 9).