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ColIection Period Ratio Calculation
Last modified by AustinS on Jul 24, 2020, 6:28:07 PM

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, Linear Demand
Last modified by AustinS on Jul 24, 2020, 6:28:07 PM

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

Cost Minimizing Inputs: Cobb Douglas
Last modified by AustinS on Jun 9, 2023, 7:34:51 PM

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. 

Cost Minimizing Inputs: Perfect Complements
Last modified by AustinS on Jun 9, 2023, 7:36:17 PM

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. 

Cost Minimizing Inputs: Perfect Substitutes
Last modified by AustinS on Jun 9, 2023, 7:36:51 PM

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. 

Default Collection
Last modified by AustinS on Oct 18, 2019, 1:17:49 AM
Demand & Supply, Perfect Competion Collection
Last modified by AustinS on Oct 18, 2019, 1:17:49 AM
Excess Quantity, Supplied or Demanded
Last modified by AustinS on Jul 24, 2020, 6:28:07 PM

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.

Fixed Asset Turnover Ratio Calculation
Last modified by AustinS on Jul 24, 2020, 6:28:07 PM

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

Four Firm Concentration Ratio
Last modified by AustinS on Jul 24, 2020, 6:28:07 PM

The four firm concentration ratio (C4is 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.

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