ISBN 10: 1606495127 / ISBN 13: 9781606495124
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This Book is in Good Condition. Clean Copy With Light Amount of Wear. 100% Guaranteed. Summary: A firm maximizes profits if each decision adds more to the firm's revenue than to its costs. Although the concept sounds rather simple, it is difficult to do in practice. To ease this difficulty, the authors are giving you the inside knowledge to "economic theory." This book will help you understand economic theory and much more to accurately infer changes in revenues that may be associated with a decision. And since economic theory suggests that the costs reported by accountants rarely reflect the true cost associated with the decision, this book will help you understand how to assess the changes in revenues and costs. Demand and price sensitivity analysis allow you to infer revenue changes, and this book helps you reconcile the economic theory of cost with common accounting practices so the differences can be reconciled and better decisions can be made. Codice inventario libreria

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Riassunto: A firm maximizes profits if each decision adds more to the firm's revenue than to its costs. Although the concept sounds rather simple, it is difficult to do in practice. To ease this difficulty, the authors are giving you the inside knowledge to 'economic theory.' This book will help you understand economic theory and much more to accurately infer changes in revenues that may be associated with a decision. And since economic theory suggests that the costs reported by accountants rarely reflect the true cost associated with the decision, this book will help you understand how to assess the changes in revenues and costs. Demand and price sensitivity analysis allow you to infer revenue changes, and this book helps you reconcile the economic theory of cost with common accounting practices so the differences can be reconciled and better decisions can be made.

L'autore: Jonesboro, AR; Professor of Economics; Arkansas State University; Daniel Marburger is Professor of Economics at Arkansas State University. He has a BS in General Management from Purdue University, an MBA from the University of Cincinnati, and a PhD in

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Marburger, Daniel
Editore: McGraw-Hill Education (2013)
ISBN 10: 1606495127 ISBN 13: 9781606495124
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Descrizione libro McGraw-Hill Education, 2013. PAP. Condizione libro: New. New Book. Delivered from our UK warehouse in 3 to 5 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Codice libro della libreria LQ-9781606495124

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Descrizione libro Business Expert Press, United States, 2013. Paperback. Condizione libro: New. 241 x 150 mm. Language: English Brand New Book ***** Print on Demand *****.According to economic theory, production and costs follow patterns that are common to many firms. In a world of perfect information, managers could utilize this cost data to make production decisions and set prices. In the real world, however, much of this information remains unknown. Common accounting practices are designed with record-keeping as the end goal rather than to present an accurate assessment of opportunity cost. Many times, managers do not recognize the difference between opportunity costs and accounting costs and, instead, rely upon the readily available accounting costs to make their decisions. This often leads to suboptimal decisions. The purpose of this book is to present production/cost theory, review various cost accounting methods and demonstrate how they may distort production and pricing decisions in light of the differences between accounting costs and economic theory. Codice libro della libreria AAV9781606495124

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Daniel M. Marburger, Ryan Peterson
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Descrizione libro Business Expert Press, United States, 2013. Paperback. Condizione libro: New. 241 x 150 mm. Language: English . Brand New Book ***** Print on Demand *****. According to economic theory, production and costs follow patterns that are common to many firms. In a world of perfect information, managers could utilize this cost data to make production decisions and set prices. In the real world, however, much of this information remains unknown. Common accounting practices are designed with record-keeping as the end goal rather than to present an accurate assessment of opportunity cost. Many times, managers do not recognize the difference between opportunity costs and accounting costs and, instead, rely upon the readily available accounting costs to make their decisions. This often leads to suboptimal decisions. The purpose of this book is to present production/cost theory, review various cost accounting methods and demonstrate how they may distort production and pricing decisions in light of the differences between accounting costs and economic theory. Codice libro della libreria AAV9781606495124

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Descrizione libro Business Expert Press, 2013. Paperback. Condizione libro: New. book. Codice libro della libreria 1606495127

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Descrizione libro Business Expert Press, 2016. Paperback. Condizione libro: New. PRINT ON DEMAND Book; New; Publication Year 2016; Not Signed; Fast Shipping from the UK. No. book. Codice libro della libreria ria9781606495124_lsuk

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Descrizione libro McGraw-Hill Education, 2013. PAP. Condizione libro: New. New Book. Shipped from US within 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Codice libro della libreria IQ-9781606495124

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Descrizione libro Business Expert Press, 2017. Paperback. Condizione libro: New. This item is printed on demand. Codice libro della libreria 1606495127

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Descrizione libro Business Expert Press. Paperback. Condizione libro: New. Paperback. 140 pages. Dimensions: 9.5in. x 5.9in. x 0.6in.A firm maximizes profits if each decision adds more to the firms revenue than to its costs. Although the concept sounds rather simple, it is difficult to do in practice. To ease this difficulty, the authors are giving you the inside knowledge to economic theory. This book will help you understand economic theory and much more to accurately infer changes in revenues that may be associated with a decision. And since economic theory suggests that the costs reported by accountants rarely reflect the true cost associated with the decision, this book will help you understand how to assess the changes in revenues and costs. Demand and price sensitivity analysis allow you to infer revenue changes, and this book helps you reconcile the economic theory of cost with common accounting practices so the differences can be reconciled and better decisions can be made. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Codice libro della libreria 9781606495124

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Descrizione libro Business Expert Pr, 2013. Paperback. Condizione libro: Brand New. 121 pages. 9.00x6.00x0.25 inches. In Stock. Codice libro della libreria x-1606495127

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Descrizione libro Business Expert Press, 2017. Paperback. Condizione libro: Very Good. This item is printed on demand. Codice libro della libreria P021606495127

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