how to write a profit function
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how to write a profit function

Full market competition will make economic activity full of vigor and vitality. Data released by the American petroleum institute (API) showed that U.S. crude oil inventories fell 5.2 million barrels in the week ended Dec. 15, down from an expected 35.18 million barrels. Refinery inventories fell more than expected, while gasoline inventories rose, but were less than expected. The overall API data is good and good for oil prices. Stopping trading is an important part of the plan. The accounting income maintains the financial capital preservation, namely, the monetary value that only requires the owner to invest is not eroded, the enterprise income exceeds the input value part is the accounting income. Accounting focuses on reporting financial results. The economic benefits insist on physical capital preservation, which can only be confirmed when the actual production capacity of the owner is saved. It is believed that only by maintaining the actual production capacity of the enterprise can the enterprise reproduce smoothly. Physical capital preservation is more meaningful than the income of financial capital preservation, but it is difficult to measure. Edwards and bell's point of view