ADl 04 Managerial Economics
9.Cost Concepts
Cost Analysis
Unit 2 c 2
Economics Schools Conference, June 27 th 2006 What Are the Economic Benefits of Globalisation? Professor David Greenaway, Leverhulme Centre for Research.
Retail Promotional Strategy Angela DAuria Stanton, Ph.D.
I. ECONOMIC COSTS Economic Costs are Opportunity Costs Explicit Costs –Resource payments like rent, labor, trucks, vendors, fuel Implicit Costs –self-owned.
Strategic issues & choices in using contingent workforce
Micro Economy Chap8
Production and Cost
Costs and supply. Perfect competition Lectures/DeianDoykov/International University/Foundation Year/Semester 1-2005.
CH. 11: OUTPUT AND COSTS Measure of relationship between output and cost Short run costs Fixed vs variable Cost curves Law of diminishing marginal.
