'Variable costs costs' presentation slideshows

Unit III: Costs of Production and Perfect Competition

Unit III: Costs of Production and Perfect Competition. Accountants vs. Economists. Accountants look at only EXPLICIT COSTS Explicit costs (out of pocket costs) are payments paid by firms for using the resources of others. Example: Rent, Wages, Materials, Electricity Bills.

1.15k views • 95 slides

Short Run Costs

Short Run Costs. Production Processes. X-Box Production http://www.youtube.com/watch?v=dzJUSFr5EvQ&feature=related KTM Factory http://www.youtube.com/watch?v=jihqmdX0jkM 1939 River Rouge Plant http://www.youtube.com/watch?v=TcXfk0op6JA Scorpion Factory

675 views • 63 slides

Short Run Costs

Short Run Costs. Production Processes. X-Box Production http://www.youtube.com/watch?v=dzJUSFr5EvQ&feature=related KTM Factory http://www.youtube.com/watch?v=jihqmdX0jkM 1939 River Rouge Plant http://www.youtube.com/watch?v=TcXfk0op6JA Scorpion Factory

513 views • 51 slides

Topic 3: Demand, Supply, & Pricing

Topic 3: Demand, Supply, & Pricing. Buyers demand goods, sellers supply those goods, and the interactions between the two groups lead to an agreement on the price and the quantity traded. Warm-Up: What is your most important consideration when you consider buying something?

622 views • 42 slides

Short Run and Long Run Costs

Short Run and Long Run Costs. Edit 7: Ch. 5 Pages 175-186 Edit 6: Ch. 5 Pages 178-191. Production Processes. X-Box Production http://www.youtube.com/watch?v=dzJUSFr5EvQ&feature=related UQM Technologies http://www.youtube.com/watch?v=UvnHQz6lDQ8&feature=related Scorpion Factory

587 views • 38 slides

Starting and Running a Business: Introduction to the Financials Part I

604 views • 34 slides

Short Run and Long Run Costs

Short Run and Long Run Costs. Production Processes. X-Box Production http://www.youtube.com/watch?v=dzJUSFr5EvQ&feature=related UQM Technologies http://www.youtube.com/watch?v=UvnHQz6lDQ8&feature=related Scorpion Factory http://www.youtube.com/watch?v=hMCyqyyh5MA.

375 views • 32 slides

Accounting 2120

379 views • 26 slides

PRICE GOES DOWN

510 views • 25 slides

chapter 13

chapter 13. Inventory and Production Management. Lonni Steven Wilson, Medaille College. Key Chapter Objectives. Distinguish between variable and fixed costs. Understand how to determine product costs and prices and how to reduce costs. Understand inventory management.

241 views • 24 slides

Starter

335 views • 18 slides

Opportunity Cost & Benefit/Cost (B/C) Analysis

Opportunity Cost & Benefit/Cost (B/C) Analysis. What is an opportunity cost?. Opportunity cost is about decision making. When you choose to do 1 thing, you choose Not to do something else. The OC is the next BEST choice. https:// www.youtube.com/watch?v=hR5E7Y4Dxuc.

135 views • 13 slides