'Implicit cost' diaporamas de présentation

Business Costs and Production

8. Business Costs and Production. Previously. Externalities exist when social costs (benefits) differ from internal costs (benefits). It may be possible to correct for externalities by discouraging (encouraging) activities that harm (benefit) third parties.

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Assessing Costs for Environmental Decision Making

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Costs of production

Costs of production. Outline The economic concept of cost and profit Fixed and sunk cost Profit maximization with limited capacity The cost of production Long run cost Economies of scale Economies of scope The learning curve Cost analysis and optimal decisions. Opportunity cost.

1.25k views • 30 slides

Opportunity Costs Ch. 12

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Hurdle Rates for Firms

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Hurdle Rates for Firms

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ECON 103 Microeconomics

ECON 103 Microeconomics. Dr. Malcolm Rutherford Office: BEC 340 Office hours: Tuesday 10:30-11:30 and Wednesday 11:30-12:30, or by appointment. Office phone: 721-6481 E-mail: rutherfo@uvic.ca. Econ 103 Microeconomics. Text Web sites Labs Help Centre Study guide exercises Outline

536 views • 24 slides

MT 445 MENTOR perfect education/mt445mentor.com

FOR MORE CLASSES VISIT www.mt445mentor.com MT 445 Unit 1 Assignment MT 445 Unit 2 Assignment MT 445 Unit 3 Assignment

144 views • 14 slides

Managing Costs

Managing Costs. Managing Costs: Overview. Forward-looking Marginal/Incremental to decision Excess Capacity: free resources? Scope, Scale, Learning. Implicit Costs & Tradeoffs. Implicit Costs. Costs not appearing on income statement but impacting items on it Implicit costs are costly

237 views • 9 slides