Minimum Efficient Scale

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Minimum Efficient Scale

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 295 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Minimum Efficient Scale by : Fouad Sabry

Download or read book Minimum Efficient Scale written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-04 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Minimum Efficient Scale In the context of industrial organization, the effective scale of production, also known as the minimum efficient scale (MES), refers to the lowest point at which a plant is capable of producing in such a way that its long-term average costs are minimized. Additionally, it is the point at which the company is able to acquire the economies of scale that are necessary for it to effectively compete within the market sector. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Minimum efficient scale Chapter 2: Economies of scale Chapter 3: Monopoly Chapter 4: Perfect competition Chapter 5: Profit maximization Chapter 6: Price elasticity of demand Chapter 7: Economies of scope Chapter 8: Marginal cost Chapter 9: Average cost Chapter 10: Marginal product Chapter 11: Diminishing returns Chapter 12: Returns to scale Chapter 13: Marginal revenue Chapter 14: Marginal revenue productivity theory of wages Chapter 15: Lerner index Chapter 16: Cost curve Chapter 17: Supply (economics) Chapter 18: Marginal product of labor Chapter 19: Socially optimal firm size Chapter 20: Robinson Crusoe economy Chapter 21: Monopoly price (II) Answering the public top questions about minimum efficient scale. (III) Real world examples for the usage of minimum efficient scale in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Minimum Efficient Scale.

International Integration, Market Structure and Prices

Author : Yves Bourdet
Publisher : Taylor & Francis
ISBN 13 : 1040150993
Total Pages : 256 pages
Book Rating : 4.0/5 (41 download)

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Book Synopsis International Integration, Market Structure and Prices by : Yves Bourdet

Download or read book International Integration, Market Structure and Prices written by Yves Bourdet and published by Taylor & Francis. This book was released on 2024-11-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1988, this study focusses on international economic integration in relation to the passenger car industry and market in the West-European car-making countries, Germany, France, Italy, Sweden and the UK in the second half of the 20th Century when the revival of protectionism was a key feature of the international trading system. The book illustrates the interaction between international integration, market structure and firm conduct and the political sphere at the national as well as the supranational level. Unlike previous analyses of international integration, this book concentrates on a single industry over a significant period.

Economics

Author :
Publisher : Pearson Education India
ISBN 13 : 9788177582079
Total Pages : 772 pages
Book Rating : 4.5/5 (82 download)

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Book Synopsis Economics by :

Download or read book Economics written by and published by Pearson Education India. This book was released on with total page 772 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Scale and Scope

Author : Alfred Dupont CHANDLER
Publisher : Harvard University Press
ISBN 13 : 0674029380
Total Pages : 782 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Scale and Scope by : Alfred Dupont CHANDLER

Download or read book Scale and Scope written by Alfred Dupont CHANDLER and published by Harvard University Press. This book was released on 2009-06-30 with total page 782 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scale and Scope is Alfred Chandler's first major work since his Pulitzer Prize-winning The Visible Hand. Representing ten years of research into the history of the managerial business system, this book concentrates on patterns of growth and competitiveness in the United States, Germany, and Great Britain, tracing the evolution of large firms into multinational giants and orienting the late twentieth century's most important developments. This edition includes the entire hardcover edition with the exception of the Appendix Tables.

Intermediate Microeconomics

Author : Patrick M. Emerson
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (123 download)

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Book Synopsis Intermediate Microeconomics by : Patrick M. Emerson

Download or read book Intermediate Microeconomics written by Patrick M. Emerson and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Electricity Marginal Cost Pricing

Author : Monica Greer
Publisher : Elsevier
ISBN 13 : 0123854660
Total Pages : 369 pages
Book Rating : 4.1/5 (238 download)

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Book Synopsis Electricity Marginal Cost Pricing by : Monica Greer

Download or read book Electricity Marginal Cost Pricing written by Monica Greer and published by Elsevier. This book was released on 2012-03-13 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Packed with case studies and practical real-world examples, Electricity Marginal Cost Pricing Principles allows regulators, engineers and energy economists to choose the pricing model that best fits their individual market. Written by an author with 13 years of practical experience, the book begins with a clear and rigorous explanation of the theory of efficient pricing and how it impacts investor-owned, publicly-owned, and cooperatively-owned utilities using tried and true methods such as multiple-output, functional form, and multiproduct cost models. The author then moves on to include self-contained chapters on applying estimating cost models, including a cubic cost specification and policy implications while supplying actual data and examples to allow regulators, energy economists, and engineers to get a feel for the methods with which efficient prices are derived in today's challenging electricity market. - A guide to cost issues surrounding the generation, transmission, and distribution of electricity - Clearly explains cost models which can yield the marginal cost of supplying electricity to end-users - Real-world examples that are practical, meaningful, and easy to understand - Explans the policy implications of each example - Provide suggestions to aid in the formation of the optimal market price

Construction Economics

Author : Danny Myers
Publisher : Taylor & Francis
ISBN 13 : 9780415286398
Total Pages : 300 pages
Book Rating : 4.2/5 (863 download)

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Book Synopsis Construction Economics by : Danny Myers

Download or read book Construction Economics written by Danny Myers and published by Taylor & Francis. This book was released on 2004 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Students across a wide range of disciplines, ranging from construction management and construction engineering through to architecture, property and surveying should find this an invaluable textbook.

Maritime Transport

Author : Athanasios A. Pallis
Publisher : Elsevier
ISBN 13 : 0762314494
Total Pages : 473 pages
Book Rating : 4.7/5 (623 download)

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Book Synopsis Maritime Transport by : Athanasios A. Pallis

Download or read book Maritime Transport written by Athanasios A. Pallis and published by Elsevier. This book was released on 2007-08-29 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research in Transportation Economics is now available online at ScienceDirect - full-text online of volumes 6 onwards. Elsevier book series on ScienceDirect gives multiple users throughout an institution simultaneous online access to an important compliment to primary research. Digital delivery ensures users reliable, 24-hour access to the latest peer-reviewed content. The Elsevier book series are compiled and written by the most highly regarded authors in their fields and are selected from across the globe using Elsevier's extensive researcher network. For more information about the Elsevier Book Series on ScienceDirect Program, please visit: http://www.info.sciencedirect.com/bookseries/

Microeconomics

Author : David Besanko
Publisher : John Wiley & Sons
ISBN 13 : 0470563583
Total Pages : 821 pages
Book Rating : 4.4/5 (75 download)

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Book Synopsis Microeconomics by : David Besanko

Download or read book Microeconomics written by David Besanko and published by John Wiley & Sons. This book was released on 2010-10-25 with total page 821 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business professionals that struggle to understand key concepts in economics and how they are applied in the field rely on Microeconomics. The fourth edition makes the material accessible while helping them build their problem-solving skills. It includes numerous new practice problems and exercises that arm them with a deeper understanding. Learning by Doing exercises explore the theories while boosting overall math skills. Graphs are included throughout the mathematical discussions to reinforce the material. In addition, the balanced approach of rigorous economics gives business professionals a more practical resource.

Better, Simpler Strategy

Author : Felix Oberholzer-Gee
Publisher : Harvard Business Press
ISBN 13 : 1633699706
Total Pages : 348 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis Better, Simpler Strategy by : Felix Oberholzer-Gee

Download or read book Better, Simpler Strategy written by Felix Oberholzer-Gee and published by Harvard Business Press. This book was released on 2021-04-20 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named one of the best strategy books of 2021 by strategy+business Get to better, more effective strategy. In nearly every business segment and corner of the world economy, the most successful companies dramatically outperform their rivals. What is their secret? In Better, Simpler Strategy, Harvard Business School professor Felix Oberholzer-Gee shows how these companies achieve more by doing less. At a time when rapid technological change and global competition conspire to upend traditional ways of doing business, these companies pursue radically simplified strategies. At a time when many managers struggle not to drown in vast seas of projects and initiatives, these businesses follow simple rules that help them select the few ideas that truly make a difference. Better, Simpler Strategy provides readers with a simple tool, the value stick, which every organization can use to make its strategy more effective and easier to execute. Based on proven financial mechanics, the value stick helps executives decide where to focus their attention and how to deepen the competitive advantage of their business. How does the value stick work? It provides a way of measuring the two fundamental forces that lead to value creation and increased financial success—the customer's willingness-to-pay and the employee's willingness-to-sell their services to the business. Companies that win, Oberholzer-Gee shows, create value for customers by raising their willingness-to-pay, and they provide value for talent by lowering their willingness-to-sell. The approach, proven in practice, is entirely data driven and uniquely suited to be cascaded throughout the organization. With many useful visuals and examples across industries and geographies, Better, Simpler Strategy explains how these two key measures enable firms to gauge and improve their strategies and operations. Based on the author's sought-after strategy course, this book is your must-have guide for making better strategic decisions.

Microeconomic Policy

Author : Clement Allan Tisdell
Publisher : Edward Elgar Publishing
ISBN 13 : 1848441517
Total Pages : 473 pages
Book Rating : 4.8/5 (484 download)

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Book Synopsis Microeconomic Policy by : Clement Allan Tisdell

Download or read book Microeconomic Policy written by Clement Allan Tisdell and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new and updated edition of Microeconomic Policy provides an excellent blend of theory and application to foster understanding of economic-based policy making. The book is eclectic in its approach and addresses a rich set of current applications. It is an ideal book for teaching microeconomic-based policy analysis to students. Todd Sandler, University of Texas at Dallas, US Designed for students who have already encountered the microeconomic principles, this valuable text focusses effectively on their policy implications, imbuing the apparently dry theory with its insights for the general welfare. William J. Baumol, New York University, US and Princeton University, US A distinctive feature of this book is the application of microeconomics to public policy. As to be expected given the international reputation of the authors there is a thorough treatment of global environmental policies, including the Stern Report, and a very useful chapter on issues of defence, conflict and terrorism. What this text offers, and most competing books do not is the breadth of coverage. In this revised edition we have integration into the topics of advances in behavioural, evolutionary and Austrian economics. The relevance to business management and government policy of the material presented makes the subject come alive in application. . . a refreshing change from the curve-shifting that dominates traditional microeconomic texts which turns-off so many of our students and prevents them from seeing the crucial importance of economics to almost every aspect of our well-being. John Lodewijks, University of Western Sydney, Australia This thoroughly accessible textbook shows students how microeconomic theory can be used and applied to major issues of public policy. In this way, it will improve their understanding of both microeconomic theory and policy and also develop their ability to critically assess them. Clem Tisdell and Keith Hartley have expanded upon their previous successful work on microeconomics. As a result, this new book is considerably updated with substantial chapter revisions, as well as new chapters dealing with business management, ownership, environmental issues, public choice, defence, conflict and terrorism. Promoting a thorough understanding of this complex yet fundamental topic, Microeconomic Policy: A New Perspective will undoubtedly prove an invaluable textbook for all students, academics and researchers of economics and public policy.

The U.S. Brewing Industry

Author : Victor J. Tremblay
Publisher : MIT Press
ISBN 13 : 9780262201513
Total Pages : 406 pages
Book Rating : 4.2/5 (15 download)

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Book Synopsis The U.S. Brewing Industry by : Victor J. Tremblay

Download or read book The U.S. Brewing Industry written by Victor J. Tremblay and published by MIT Press. This book was released on 2005 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: A definitive study that uses a blend of theory, history, and data to analyze the evolution of the US brewing industry; draws on theoretical tools of industrial organization, game theory, and management strategy. This definitive study uses theory, history, and data to analyze the evolution of the US brewing industry from a fragmented market to an emerging oligopoly. Drawing on a rich and extensive data set and applying the theoretical tools of industrial organization, game theory, and management strategy, the authors provide new quantitative and qualitative perspectives on an industry they characterize as "a veritable market laboratory." The US brewing industry illustrates many of the important topics in industrial organization, economic policy, and business strategy, including industry concentration, technological change, brand proliferation, and mixed pricing strategies. After giving an overview of the industry, Tremblay and Tremblay discuss basic demand and cost conditions and industry concentration. They describe the evolution of the leading mass-producing brewers and the emergence of both specialty brewers and imports. They analyze the history and the causes of product and brand proliferation (showing how product proliferation leads to firm dominance), discuss price, advertising, merger, and other management strategies, and examine the industry's economic performance. Finally, they discuss public policy, including anti-trust and public health issues. The authors' set of industry, firm, and brand data for the period 1950-2002 -- the most comprehensive data set of economic variables available for an oligopolistic industry -- will be available to purchasers of the book who send an e-mail request. Data sources are listed in an appendix. Robert S. Weinberg, a management strategy scholar and leading consultant to the brewing industry, contributes a foreword. This ambitious, authoritative work, capping the authors' 25-year study of the brewing industry, will be a valuable resource for industry analysts, economists, and students of industrial organization.

The Economics of Beer

Author : Johan F. M. Swinnen
Publisher : OUP Oxford
ISBN 13 : 0191505013
Total Pages : 501 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis The Economics of Beer by : Johan F. M. Swinnen

Download or read book The Economics of Beer written by Johan F. M. Swinnen and published by OUP Oxford. This book was released on 2011-10-27 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beer has been consumed across the globe for centuries and was the drink of choice in many ancient societies. Today it is the most important alcoholic drink worldwide, in terms of volume and value. The largest brewing companies have developed into global multinationals, and the beer market has enjoyed strong growth in emerging economies, but there has been a substantial decline of beer consumption in traditional markets and a shift to new products. There is close interaction between governments and markets in the beer industry. For centuries, taxes on beer or its raw materials have been a major source of tax revenue and governments have regulated the beer industry for reasons related to quality, health, and competition. This book is the first economic analysis of the beer market and brewing industry. The introduction provides an economic history of beer, from monasteries in the early Middle Ages to the recent 'microbrewery movement', whilst other chapters consider whether people drink more beer during recessions, the effect of television on local breweries, and what makes a country a 'beer drinking' nation. It comprises a comprehensive and unique set of economic research and analysis on the economics of beer and brewing and covers economic history and development, supply and demand, trade and investment, geography and scale economies, technology and innovation, health and nutrition, quantity and quality, industrial organization and competition, taxation and regulation, and regional beer market developments.

Electricity Cost Modeling Calculations

Author : Monica Greer
Publisher : Academic Press
ISBN 13 : 0080961355
Total Pages : 360 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Electricity Cost Modeling Calculations by : Monica Greer

Download or read book Electricity Cost Modeling Calculations written by Monica Greer and published by Academic Press. This book was released on 2010-09-22 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: A "quick look up guide," Electricity Cost Modeling Calculations places the relevant formulae and calculations at the reader's finger tips. In this book, theories are explained in a nutshell and then the calculation is presented and solved in an illustrated, step-by-step fashion. A valuable guide for new engineers, economists (or forecasters), regulators, and policy makers who want to further develop their knowledge of best practice calculations techniques or experienced practitioners (and even managers) who desire to acquire more useful tips, this book offers expert advice for using such cost models to determine optimally-sized distribution systems and optimally-structured power supplying entities. In other words, this book provides an Everything-that-you-want-to-know-about-cost-modelling-for-electric-utilities (but were afraid to ask) approach to modelling the cost of supplying electricity. In addition, the author covers the concept of multiproduct and multistage cost functions, which are appropriate in modelling the cost of supplying electricity. The author has done all the heavy number-crunching, and provides the reader with real-world, practical examples of how to properly quantify the costs associated with providing electric service, thus increasing the accuracy of the results and support for the policy initiatives required to ensure the competitiveness of the power suppliers in this new world in which we are living. The principles contained herein could be employed to assist in the determination of the cost-minimizing amount of output (i.e., electricity), which could then be used to determine whether a merger between two entities makes sense (i.e., would increase profitability). Other examples abound: public regulatory commissions also need help in determining whether mergers (or divestitures) are welfare-enhancing or not; ratemaking policies depend on costs and properly determining the costs of supplying electric (or gas, water, and local telephone) service. Policy makers, too, can benefit in terms of optimal market structure; after all, the premise of deregulation of the electric industry was predicated on the idea that generation could be deregulated. Unfortunately, the economies of vertical integration between the generation. - A comprehensive guide to the cost issues surrounding the generation, transmission, and distribution of electricity - Real-world examples that are practical, meaningful, and easy to understand - Policy implications and suggestions to aid in the formation of the optimal market structure going forward (thus increasing efficiency of electric power suppliers) - The principles contained herein could be employed to assist in the determination of the cost-minimizing amount of output

Technical Study, No. 1-10

Author : United States. National Commission on Food Marketing
Publisher :
ISBN 13 :
Total Pages : 632 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Technical Study, No. 1-10 by : United States. National Commission on Food Marketing

Download or read book Technical Study, No. 1-10 written by United States. National Commission on Food Marketing and published by . This book was released on 1966 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Federal Trade Commission Decisions

Author : United States. Federal Trade Commission
Publisher :
ISBN 13 :
Total Pages : 1390 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Federal Trade Commission Decisions by : United States. Federal Trade Commission

Download or read book Federal Trade Commission Decisions written by United States. Federal Trade Commission and published by . This book was released on 1992 with total page 1390 pages. Available in PDF, EPUB and Kindle. Book excerpt:

EBOOK: Economics

Author : David Begg
Publisher : McGraw Hill
ISBN 13 : 0077154568
Total Pages : 742 pages
Book Rating : 4.0/5 (771 download)

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Book Synopsis EBOOK: Economics by : David Begg

Download or read book EBOOK: Economics written by David Begg and published by McGraw Hill. This book was released on 2014-01-16 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics affects almost everything we do: from our decisions at work to our shopping habits, voting preferences and social attitudes. This new edition of the popular text by David Begg and Gianluigi Vernasca enables the reader to understand today's economic environment by examining the underlying theory and applying it to real-world situations. Economics surveys the latest ideas and issues, such as the role of regulation in banking, the consequences of globalization and monetary union, and the efficacy of our current economic models. This coverage, combined with a rich array of pedagogical features, encourages students to explore our economic past and present, and to think critically about where this might lead us in the future. The new edition is updated to provide a comprehensive analysis of the financial crash: its causes, consequences, and possible policy responses, from fiscal stimulus to quantitative easing.