Topics
Profit maximisation
Profits are maximised at an output level where marginal cost = marginal revenue (MR=MC). This is the output where marginal profit is zero.
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In the News Teaching Activity – Card Factory profits slump (Sept 2024)
30th September 2024
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The Economics of Oasis Mania: Why Hotel Prices Are Skyrocketing
29th August 2024
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4.1.4.7 Profit (AQA Economics)
Study Notes
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3.2.1 Business Objectives (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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3.3.4 Business Profits (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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3.2.1 Profit Maximisation (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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4.1.5.2 Objectives of Firms (AQA A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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Why is Apple so profitable?
Study Notes
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Why is RyanAir so profitable?
Study Notes
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Why is Tesco so profitable?
Study Notes
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Alternatives to Profit Maximisation Explained
Topic Videos
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Economies of Scale and Business Profits
Topic Videos
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Marginal Cost - Pret Ditches the Smoothie!
22nd February 2023
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Nestle to raise prices (again)
17th February 2023
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Shell reports highest profits in 115 years
3rd February 2023
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Why is Ryanair so profitable?
1st February 2023
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How is Tesco so profitable?
29th January 2023
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Energy Economics - BP makes record profits
1st November 2022
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Revenues, Costs and Profits (Revision Quizlet Activity)
Quizzes & Activities
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Profits and Entry Barriers in Markets Explained
Topic Videos
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Profits and Economic Efficiency Explained
Topic Videos
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Monopoly - Price Discrimination
Study Notes
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Marginal Cost Explained
Topic Videos
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Profit Maximisation
Study Notes
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Explaining Business Objectives
Study Notes
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Business Objectives in Economics (Online Lesson)
Online Lessons
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Revenues and Profits - Selection of Revision MCQs
Practice Exam Questions
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Falling Demand and Changing Profits
Topic Videos
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Theory of the Firm - 2021 Revision Update
Topic Videos
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How donations to charity can increase business profits
26th August 2016
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Lesson starter - $40 to hold your newborn!
9th October 2016
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Premier Inn scales back investment in Asia
6th November 2016
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Business Costs & Revenues Revision Quiz
Quizzes & Activities
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Marginal profit
Study Notes
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Costs Revenues and Profits - Key Terms
Study Notes
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Business Objectives
Topic Videos
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Business Profits and Losses
Teaching PowerPoints
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Factors Affecting Business Profitability
Topic Videos
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Analysis Diagram: A Fall in Fixed Costs
Topic Videos
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Analysis Diagram: Outward Shift of Revenue
Topic Videos
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Business Profits
Topic Videos
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Business Objectives Short Answers
Topic Videos
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Marginal Revenue Product - MCQ Revision Question
Practice Exam Questions
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Business Objectives – Key Summary
Topic Videos
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Marginal Cost Examples
Topic Videos
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Profits and Changes in Fixed Costs
Topic Videos
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Profits and Changes in Demand
Topic Videos
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Calculating Total Profit from Diagrams
Topic Videos
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A* Evaluation on Business Profits
Topic Videos
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Theory of the Firm – Key Conditions and Formulae
Topic Videos
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Contestable Markets (Chain of Analysis)
Topic Videos
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Behavioural Theories of the Firm
Study Notes
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Business Objectives and the Conduct of Firms
Topic Videos
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Economies of Scale and Profits
Topic Videos
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What is the most convenient way to provide the public loo?
15th August 2018
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Profit
Study Notes
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Profit Concepts Defined
Study Notes
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Functions of Profit
Study Notes
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Factors that Affect Business Profitability
Study Notes
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Monopoly - Price and Output for a Monopolist
Study Notes
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Barriers to Entry and Economic Profit (Revision Essay Plan)
Practice Exam Questions
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Test 15: A Level Economics: MCQ Revision on Business Objectives
Practice Exam Questions
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Abnormal and Sub-Normal Profits - Key Diagrams
Topic Videos
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Business objectives of discount supermarkets
6th October 2017
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Profit Satisficing and Profitability Factors
30th January 2014
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Profits Explained by the Financial Times
23rd February 2016
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CPD: Theory of the firm
27th November 2015
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Revenue growth as an objective for Twitter
29th July 2015