Briefly describe why measuring a firm's costs is more complicated than measuring its revenues
A firm's revenues can be calculated by multiplying the number of units it sells by the price for which it sells each unit. Costs, on the other hand, can include both implicit and explicit costs. Explicit costs are the costs for which the firm spends money. Implicit costs include opportunity costs; they do not require an outlay of money but represent foregone opportunities.
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Good news about an economic indicator __________ the denominator and __________ the numerator in the stock price valuation formula
A) raises; raises B) raises; lowers C) lowers; raises D) lowers; lowers
To control moral hazard and the increased spending that accompanies it, managed care providers include _______ in contracts with providers
a. clinical rules b. capitation c. risk sharing d. all of the above
Completely flexible exchange rates are fairly self-explanatory, and hard pegs include dollarization and currency boards. These seem to be the extremes. Assuming free flow of capital, why do you think soft pegs are never used?
What will be an ideal response?
formula for consumer price index
What will be an ideal response?