0
cost of what you give up to get it
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoA foregone opportunity.
Add your answer:
Earn +20 pts
What does AFC stand for in economics?
average fixed cost
What does the term marginal cost mean in the field of economics?
Marginal cost in economics means the cost that is not particularly big considering the other costs or investments that are required. It is used to state the cost and then make a very small allowance for it is required for accounting reasons.
Characteristics of managerial Managerial economics?
It is mostly Micro economics and sometimes Macro economics It is application of economics in business management It helps to seek cost effective solutions hence it is normative in approach it is pragmatic in nature It is prescriptive in approach
What are the characteristics of engineering economics?
1. Time value of money 2. Production of size and cost 3. Make or Buy principle 4. Rate if depression 5. Demand & supply including cost 6. Energy prices & Processing cost 7. Economics of alternative method of manufacturing 8. Economics of rule By Asik Ali S
What does SAC mean in economics?
SAC is an abbreviation for short-run average cost.
What does AFC stand for in economics?
average fixed cost
How can you tie mean girls to Econimics like opportunity cost and cost-benefit analysis?
you can tie mean girls to economics by calling attention of social construction of traditional economics hence produce things like family economics.
What has the author Sajal Kumar Chattopadhyay written?
Sajal Kumar Chattopadhyay has written: 'ECONOMICS OF NURSING HOME CARE IN CONNECTICUT: FINANCING, COST AND EFFICIENCY' -- subject(s): Economics, General, Economics, Theory, General Economics, Theory Economics
What does the term marginal cost mean in the field of economics?
Marginal cost in economics means the cost that is not particularly big considering the other costs or investments that are required. It is used to state the cost and then make a very small allowance for it is required for accounting reasons.
What has the author Paul J Feldstein written?
Paul J. Feldstein has written: 'Health care economics' 'Health care economics' -- subject(s): Medical economics, Economics, Medical, United States, Medical Economics 'Health Care Economics (Delmar Series in Health Services Administration)' 'Health policy issues' -- subject(s): Cost control, Cost of Medical care, Economic aspects, Economic aspects of Medical policy, Health Insurance, Insurance, Health, Medical care, Medical care, Cost of, Medical economics, Medical policy 'Health care econonics [sic]' -- subject(s): Medical economics, Economics, Medical 'Health care economics' -- subject(s): Medical economics 'An Econometric model of the dental sector' -- subject(s): Dental economics, Economics, Dental, Statistics & numerical data
What has the author Gun Sundberg written?
Gun Sundberg has written: 'Essays on health economics' -- subject(s): Cost of Medical care, Econometric models, Medical care, Cost of, Medical economics
What is overhead cost in economics?
Overheads are indirect costs which cannot be traced in to any specified cost objects
Characteristics of managerial Managerial economics?
It is mostly Micro economics and sometimes Macro economics It is application of economics in business management It helps to seek cost effective solutions hence it is normative in approach it is pragmatic in nature It is prescriptive in approach
Engineering Economics And Cost Analysis Question And Answers?
Type of financial
What has the author A G Holtmann written?
A G Holtmann has written: 'The economics of the private demand for outpatient health care' -- subject(s): Cost of Medical care, Medical care, Cost of, Medical economics
What has the author Peter D Fox written?
Peter D. Fox has written: 'A model of production decision behavior' -- subject(s): Mathematical models, Production 'Determinants of HMO success' -- subject(s): Administration, Case studies, Cost effectiveness, Health maintenance organizations, Medical care 'Health care cost management' -- subject(s): Cost control, Economics, Hospital Administration, Hospital Economics, Medical care, Medical economics, Cost Control, Medical Economics
What are the characteristics of engineering economics?
1. Time value of money 2. Production of size and cost 3. Make or Buy principle 4. Rate if depression 5. Demand & supply including cost 6. Energy prices & Processing cost 7. Economics of alternative method of manufacturing 8. Economics of rule By Asik Ali S
