CHAPTER 2 COST CONCEPTS. COST IS IMPORTANT BECAUSE Profit = Revenue – Cost Revenue = (Price)*(Quantity Sold) depends on market conditions, which are often.
10. depreciation
estadisticas y economia
Cost Concepts and Design Econ 1
Depreciation. Depreciation is the decrease in value of physical properties with the passage of time. It is an accounting concept, a non-cash cost, that.
CHAPTER 2
Chapter 2 Cost Concepts and Design Economics
