Profit Maximization Teacher Resources
Find Profit Maximization lesson plans and worksheets
Showing 19 resources
Jacob Clifford
MR = MC Practice
Given quantity, total cost, and a perfectly competitive firm, how much should an organization produce and what will be the profit? Watch as the concept of profit maximization is broken down and explained with real-time illustrations and...
Curated OER
Chapter 23: Pure Competition
Taking your young economists through the characteristics of four market models (Pure Competition, Pure Monopoly, Oligopoly, and Monopolistic Competition), this presentation uses both charts and graphs to illustrate the necessary...
Curated OER
Chapter 24: Pure Monopoly
Monopoly is more than a game in this presentation, which explores the characteristics of four different market models. Representing the concept of a monopolistic economy in both charts and graphs, the information in these slides can be...
Curated OER
The Role of Public and Private Sectors
Learners explore the role of government in the economy market. In this economics instructional activity, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they...
Curated OER
Market Structures and Competition
Students review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the abilities of...
Curated OER
Teaching Animal Rights
In this biology worksheet, students engage in the reading of the rights of educators to teach concerning the issue of using animals for educational purposes.
Curated OER
Microeconomics Summary
Twelfth graders study microeconomics. In this Economics instructional activity, 12th graders draw graphs on government taxes. Students decide if these graphs are true or false.
Khan Academy
Khan Academy: Profit Maximization
Practice what you've learned about profit maximization and how to apply the profit maximization rule in this four-question exercise.
Khan Academy
Khan Academy: Profit Maximization
Learn about the profit maximization rule, and how to implement this rule in a graph of a perfectly competitive firm, in this video. [4:59]
Khan Academy
Khan Academy: Profit Maximization Worked Example
Work through a free response question about profit maximization in this video. [4:40]
Khan Academy
Khan Academy: Profit Maximizing Behavior in Perfectly Competitive Factor Markets
Practice what you have learned about the way firms choose the optimal use of inputs in this four-question exercise.
Khan Academy
Khan Academy: Economic Profit for Firms in Perfectly Competitive Markets
An important skill in microeconomics is the ability to find a firm's profit. Learn more about how to use a graph to identify the profit-maximizing quantity for a firm in a perfectly competitive market, and identify the area that...
Khan Academy
Khan Academy: Economic Profit for a Monopoly
Learn about how to represent a monopoly market graphically in this video. Topics covered include the profit-maximizing quantity, pricing decisions, and deadweight loss associated with monopolies. [6:13]
Khan Academy
Khan Academy: Perfect Competition Foundational Concepts
Practice what you have learned about the foundational ideas behind perfectly competitive markets, including the characteristics of a perfectly competitive market, profit-maximization, and graphs of perfectly competitive firms.
Council for Economic Education
Econ Ed Link: It's a Matter of Power
Students examine tradeoffs and profit- maximization decisions in the case study of Kaiser Aluminum, which decided to shut down aluminum production in favor of reselling electricity.
Robert Schenk, PhD
Cyber Economics: Maximizing Profit Overview
This site from the St. Joseph's College details what profit is, as well as providing a complete overview of how to maximize profit.
Khan Academy
Khan Academy: Monopolies: Monopolist Optimizing Price (Part 1) Total Revenue
Discusses how a monopolist would rationally optimize profits.
Council for Economic Education
Econ Ed Link: Baseball Economics 201
Some believe our national pastime may be threatened by the big market, high revenue teams like the Yankees (or the New York Mets, Chicago Cubs, Boston Red Sox, etc.) and that smaller market teams (e.g., the Florida Marlins, San Diego...
Khan Academy
Khan Academy: Factor Markets Worked Example
In this video, learn how to apply the analysis of factor markets to a sample problem. [10:23]