Cost Theory and Estimation

Learning Concept(s)

Explicit Costs, Implicit Costs, Alternative or Opportunity Costs, Economic Costs, Accounting Costs, Relevant Cost, Incremental Cost, Sunk Costs, Total Fixed Costs, Total Variable Costs, Total Costs, Average Fixed Cost, Average Variable Cost, Average Total Cost, Marginal Cost, Long-run Total Cost, Long-run Average Cost, Long-run Marginal Cost, Planning Horizon, Economies of Scope, Learning Curve, Foreign Sourcing of Inputs, New International Economies of Scale, Brain Drain, Logistics, Cost-volume-profit or Breakeven Analysis, Contribution Margin Per Unit, Japanese Cost-Management System, Operating Leverage, Degree of Operating Leverage, Engineering technique, Survival Technique

Covered in Course(s)

BUSS230 - Managerial Economics