Text:CostofProduction (生产成本)1.Keywords2.Whatarecosts?3.Thevariousmeasuresofcost4.Questionsprofit-maximizingfirmtotalcostopportunitycostexplicitcostimplicitcostcashoutlaykeepingtrackofthemoneyfinancialstatementfinancialcapitalinterestrateeconomicprofitaccountingprofitfinancialreportnormalprofitfixedcostvariablecostaverageto...
微观经济学The Cost of Production.ppt,Chapter 7 Chapter 7 The Cost of Production Topics to be Discussed Measuring Cost: Which Costs Matter? Cost in the Short Run Cost in the Long Run Long-Run Versus Short-Run Cost Curves Topics to be Discussed Production
The Cost of Production1Chapter 1Topics to be DiscussedMeasuring Cost: Which Costs Matter?Cost in the Short RunCost in the Long RunLong-Run Versus Short-Run Cost Curves2Chapter 1Topics to be DiscussedProduction with Two Outputs--Economies of ScopeDynamic Changes in Costs--The Learning Curve...
InventoryIssues Whatisinventory?Whatcostsareincludedininventory?HowdoweseparateCOGSfromEnd.Inv?YESUNAccountingEnglish@2009 2 InventoriesDefinition Assetitemsheldforsaleintheordinarycourseofbusinessorgoodsthatwillbeusedorconsumedintheproductionofgoodstobesold.YESUNAccountingEnglish@2009 3 Typesof...
系统标签: cost suk kim production economics wheat 15.CostofProduction2012SukHoKimPrinciplesofEconomicsSukHoKim|PrinciplesofEconomics2EXAMPLE:FarmerJack’sCosts FarmerJackmustpay$1000permonthfortheland,regardlessofhowmuchwheathegrows. Themarketwageforafarmworkeris$2000permonth. SoFarmerJack’scostsarerelatedto...
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Cost of Production：COSTOFPRODUCTION ETPEconomics101 FIRM’SOBJECTIVE TheFirm’sObjective Theeconomicgoalofthefirmistomaximizeprofits.TOTALREVENUEANDTOTALCOST TotalRevenue Theamountafirmreceivesforthesaleofitsoutput.R(Q)=P(Q)*Q TotalCost Themarketvalueoftheinputsafirmusesinproduction.C(Q)PROFIT Profitis...
Cost Accounting(成本核算)CostAccounting(成本核算）Thecosthavethreemainparts •Costofproduction(生产成本）：制造商生产某一产品所需的投入。•Costofprocessing（加工成本）：加工商对成品或半成品进行加工所需的成本。•Costofpurchasing(采购成本）：贸易商向供应商采购商品支出。•Packingcharges(包装费):包装...
《西方新制度经济学》课程教学资源(PPT课件)第三讲 制度变迁与制度创新 《西方经济学》课程习题解答(微观经济学)CHAPTER 8 PROFIT MAXIMIZATION AND COMPETITIVE SUPPLY 《西方经济学》课程习题解答(微观经济学)CHAPTER 9 THE ANALYSIS OF COMPETITIVE MARKETS 《西方经济学》课程习题解答(微观经济学)CHAPTER 10 MARKET ...
–toaccountants,expendituresonlaborarecurrentexpensesandhencecostsofproduction–toeconomists,laborisanexplicitcost •laborservicesarecontractedatsomehourlywage(w)anditisassumedthatthisisalsowhatthelaborcouldearninalternativeemployment 3 DefinitionsofCosts •CapitalCosts –accountantsusethehistoricalpriceofthecapitaland...