Marginal cost — A typical marginal cost curve with marginal revenue overlaid In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing one more unit of a… … Wikipedia
Short-run — In economics, the concept of the short run refers to the decision making time frame of a firm in which at least one factor of production is fixed. Costs which are fixed in the short run have no impact on a firms decisions. For example a firm can… … Wikipedia
Cost curve — In economics, a cost curve is a graph of the costs of production as a function of total quantity produced. In a free market economy, productively efficient firms use these curves to find the optimal point of production (minimising cost), and… … Wikipedia
Cost-Volume-Profit Analysis — Cost Volume profit (CVP), in managerial economics is a form of cost accounting. It is a simplified model, useful for elementary instruction and for short run decisions. Cost volume profit (CVP) analysis expands the use of information provided by… … Wikipedia
Marginal product of labor — In economics, the marginal product of labor also known as MPL or MPN is the change in output from hiring one additional unit of labor. It is the increase in output added by the last unit of labor.[1] Ceteris paribus that no other inputs to… … Wikipedia
cost — costless, adj. costlessness, n. /kawst, kost/, n., v., cost or, for 11 13, costed, costing. n. 1. the price paid to acquire, produce, accomplish, or maintain anything: the high cost of a good meal. 2. an outlay or expenditure of money, time,… … Universalium
Long-run — In economic models, the long run time frame assumes no fixed factors of production. Firms can enter or leave the marketplace, and the cost (and availability) of land, labor, raw materials, and capital goods can be assumed to vary. In contrast, in … Wikipedia
Average cost — In economics, average cost is equal to total cost divided by the number of goods produced (the output quantity, Q). It is also equal to the sum of average variable costs (total variable costs divided by Q) plus average fixed costs (total fixed… … Wikipedia
Electricity sector in Honduras — Source : World Bank, 2007 The Electricity Coverage Index by department shows great disparities. Cortes and Islas de Bahia enjoy almost a 100% household coverage, while Lempira and Intibuca only have 24.6% and 36.2% coverage respectively. World… … Wikipedia
ИЗДЕРЖКИ — выраженные в ценностных, денежных измерителях текущие затраты на производство продукции (себестоимость, включая амортизацию основного капитала) – издержки производства, или на ее обращение (включая торговые, транспортные и др.) – издержки… … Финансово-кредитный энциклопедический словарь
Renewable energy in Honduras — In Honduras, there is an important potential of untapped indigenous renewable energy resources. Due to the likely long term trend of high oil prices, such resources could be developed at competitive prices.Currently only hydropower and biomass… … Wikipedia