Search results
Results from the WOW.Com Content Network
However, a neutral cost-performance ratio (between 1.0 and 1.9) could suggest a certain degree of stagnation in the budget. Business trips can also be factored into the cost–performance ratio because spending $50 to do a journey spanning 100 miles (160 km) in two hours is a better cost–performance ratio than spending $105 to do the journey ...
Sunk cost: $100 and the cost of the time spent playing the game. Analysis: Steven spent $100 hoping to complete the whole game experience, and the game is an entertainment activity, but there is no pleasure during the game, which is already low efficiency, but Steven also chose to waste time. So it is adding more cost.
In economics, deadweight loss is the loss of societal economic welfare due to production/consumption of a good at a quantity where marginal benefit (to society) does not equal marginal cost (to society) – in other words, there are either goods being produced despite the cost of doing so being larger than the benefit, or additional goods are not being produced despite the fact that the ...
Cost–benefit analysis ... While the term "trickle-down" is commonly used to refer to income benefits, ... To attribute to people who have advocated the opposite in ...
Opportunism or "opportunistic behaviour" is an important concept in such fields of study as biology, transaction cost economics, game theory, ethics, psychology, sociology and politics. Etymology [ edit ]
For example, a cost-benefit analysis can help them determine whether to build another factory, buy a certain company, issue more stock, or expand their employee retirement benefits. Economists ...
The opposite is not true: ex-ante PE is stronger that ex-post PE. For example, suppose there are two objects – a car and a house. Alice values the car at 2 and the house at 3; George values the car at 2 and the house at 9. Consider the following two lotteries:
The industry says it keeps down the cost of prescription drugs, but critics say it's profiting at the expense of patients. Trump has promised to ‘knock out’ pharmacy benefit managers.