HOW CAN OPPORTUNITY COST BE USED IN DETERMINING THE PROFIT?
Opportunity cost is an economic concept which takes on multiple forms of expression. One of these is the foregone profit as a result of the manufacturer’s option to produce goods by quality classes or of its choice of goods with certain values of gross margin and production lead times. This pape...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Academica Brâncuşi
2014-08-01
|
| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2014-04/11_Steliac%20Nela.pdf |