Cost Accounting
An overview and analysis of the discipline of cost accounting, which focuses on the measurement and assessment of economic activities' costs.
Cost Centre
A section of a firm or organization that incurs costs but does not generate direct revenue, contributing indirectly to profits.
Cost Curve
A detailed analysis of cost curves in economics, including their definitions and implications.
Cost Function
The minimum cost of producing a given output level expressed as a function of input prices.
Cost of Capital
The rate of return an enterprise must offer to induce investors to provide capital, including debt and equity components.
Cost of Protection
The total cost to an economy of adopting protectionist trade policies.
Cost-Benefit Analysis - Definition and Meaning
An in-depth exploration of cost-benefit analysis, including definition, historical context, and its application in various economic frameworks.
Cost-Effectiveness
The achievement of results in the most economical way, assessing efficiency by resource utilization at the lowest possible cost.
Cost-Plus Pricing
A pricing strategy where the price equals measured costs plus an agreed percentage mark-up for profit, often criticized for lacking cost control incentives.
Cost-Push Inflation
An economic concept where the general price levels in an economy rise due to increased costs of production, often leading to declines in the purchasing power of money.