The collection period ratio is measure of how fast consumers pay back their debts to a firm. In dividing the accounts receivable (money owed) by the value of credit sales per day, you are able to determine the efficiency of a firms collections department.
Consumer Surplus (CS) is a monetary measure of extra pleasure and welfare gained from consumers purchase of a quantity of goods, beyond that of the price of which they were willing to pay for good. More simply, it is the difference between the maximum amount consumer would be willing to pay for a certain quantity of goods and their total expenditure, or the total of how much the consumer paid as a whole for the goods
The Cobb Douglass Cost Minimizing Inputs calculator computes the Cobb Douglas cost minimizing factors. INSTRUCTION: Choose units and enter the following: (α) Production Exponent of Labor (β) Production Exponent of Capital (w) Per unit cost of labor (r) Per unit cost of capital (q) Quantity to be produced.
The Perfect Complements Cost Minimizing Inputs calculator computes the Perfect Complements cost minimizing factors. INSTRUCTION: Choose units and enter the following: (α) Production Exponent of Labor (β) Production Exponent of Capital (w) Per unit cost of labor (r) Per unit cost of capital (q) Quantity to be produced.
The Perfect Substitutes Cost Minimizing Inputs calculator computes the Perfect Substitutes cost minimizing factors to produce a quantity of goods. INSTRUCTION: Choose units and enter the following: (α) Production Exponent of Labor (β) Production Exponent of Capital (w) Per unit cost of labor (r) Per unit cost of capital (q) Quantity to be produced.
Excess supply is when the market quantity supplied of a good by producers is higher than that of which is demanded by consumers, this occurs as a result a good's current price exceeding that of the market equilibrium.
The fixed asset turnover ratio is a measure of the rate which firms turnover, or cycle, through the value of the fixed assets through sales. This ratio represents the efficiency with which a firm manages its fixed assets
The four firm concentration ratio (C4) is a measure of the total output produced by the four biggest firms in a particular industry. The concentration ratio is an indication of the extent to which an industry's market is controlled by only a small number of firms. Industries with high concentrations are said to be oligopolistic.