Dynamic Profit Maximization for a Monopolist : Wolfram Demonstrations Project, Published: November 25, 2013

• Assuming a monopoly with a dynamic cost function, with both economies of scale and learning effects over time and a dynamic linear demand function, this demonstration shows how the optimal decisions change over time and also how the profit surface in three dimensions, as a function of output and time, changes.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business (hsv//eng)

Nyckelord

microeconomics

optimization

mathematics

graph theory

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