管理經(jīng)濟(jì)學(xué),英文版(2)-文庫吧
2024-12-25 05:27 本頁面
【正文】 Moary payments to owners of marketsupplied resources ? Implicit Costs ? Nonmoary opportunity costs of using ownersupplied resources Managerial Economics 15 Economic Cost of Using Resources (Figure ) Explicit CostsofMarketSupplied ResourcesThe moary payments to resource ownersTotal Economic CostThe total opportunity costs of both kinds of resourcesImplicit CostsofOwnerSupplied ResourcesThe returns fone by not takingthe owners?resources to market+ = Managerial Economics 16 Types of Implicit Costs ? Opportunity cost of cash provided by owners ? Equity capital ? Opportunity cost of using land or capital owned by the firm ? Opportunity cost of owner’s time spent managing or working for the firm Managerial Economics 17 Economic Profit versus Accounting Profit ?Economic profit = Total revenue – Total economic cost = Total revenue – Explicit costs – Implicit costs ?Accounting profit = Total revenue – Explicit costs ? Accounting profit does not subtract
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