consumption value
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Consumption of fixed capital — (CFC) is a term used in business accounts, tax assessments and national accounts for depreciation of fixed assets. CFC is used in preference to depreciation to emphasize that fixed capital is used up in the process of generating new output, and… … Wikipedia
Value added — refers to the additional value of a commodity over the cost of commodities used to produce it from the previous stage of production. An example is the price of gasoline at the pump over the price of the oil in it. In national accounts used in… … Wikipedia
Consumption Maps — are designed to help managers understand the customer’s viewpoint while going through the company’s business process. In analyzing the process, managers are able to question the value of certain steps while working to create an ideal experience… … Wikipedia
Consumption maps — are designed to help managers understand the customer’s viewpoint while going through the company’s business process. In analyzing the process, managers are able to question the value of certain steps while working to create an ideal experience… … Wikipedia
Consumption smoothing — is the economic concept used to express the desire of people for having a stable path of consumption. Since Milton Friedman s permanent income theory (1956) and Modigliani and Brumberg (1954) life cycle model, the idea that agents prefer a stable … Wikipedia
consumption — con‧sump‧tion [kənˈsʌmpʆn] noun [uncountable] 1. COMMERCE ECONOMICS the amount of goods, services, energy, or natural materials used in a particular period of time: • Texas is second only to California in beer consumption. • Cuban households… … Financial and business terms
Value and Capital — is a book by the British economist John Richard Hicks, published in 1939. It is considered a classic exposition of microeconomic theory. A central result in consumer demand theory that the book builds on is that goods have value even with only… … Wikipedia
Consumption tax — Taxation An aspect of fiscal policy … Wikipedia
Value added tax — Taxation An aspect of fiscal policy … Wikipedia
consumption + affluent society — by David B. Clarke A society in which an ever accelerating procession of generations of products results in a luxuriant growth of objects (SO, 3) calls for the kind of taxonomical effort normally reserved for flora and fauna, Baudrillard… … The Baudrillard dictionary
Value product — The value product (VP) is an economic concept formulated by Karl Marx in his critique of political economy during the 1860s, and used in Marxian social accounting theory for capitalist economies. Its annual monetary value is approximately equal… … Wikipedia
