Knowledge in Notes of The costs of production

Microeconomics notes

Detailed notes and unsolved question of costs of production . The notes include various types of costs and production with their graphs and schedules with real life examples . The notes explain the various types of relationships of the various cost curves and their respective formulas . The notes also contain relationship between shortrun and long run average cost curve in case of economies and diseconomies of scale .

Costs

Different types of costs. Variable cost and fixed cost.

Cost of Production in Economics

Economists have treated cost as a function of output both in short run and long run. In the short run, capital, land, factors prices, technology etc remain fixed. In studying the relationship between long run cost and level of output in a two dimensional diagram, we keep technology and output as constant.

COST ESTIMATING IN PROJECT MANAGEMENT

Cost estimating is the project management process in which whole planning , design , task , amount , material , work assign and Manager are required to estimate the whole vost

Standard Costing and Variance By Aman

Standard Costing is that produces a product of the Costing of variance analysis