Corporations, as well as nonprofit organizations, use cost centers to keep track of expenses. A cost center is a unit within a larger system that is responsible for a particular set of activities that ...

The purpose of this article is to present an analysis of the cost inefficiency of public regulation of input factors. During the data period used here, individual plants within the Norwegian fish ...

Marginal cost refers to the change in total cost arising from the production of one additional unit. For example, in a manufacturing firm, the marginal cost will give a measure of the change in total ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Somer G. Anderson is CPA, doctor of accounting, ...

Marginal costs of production are defined as the overall change in costs when a company or manufacturer increases the amount produced by one unit. Marginal costs can help firms determine the level at ...