Corporations, as well as nonprofit organizations, use cost centers to keep track of expenses. A cost center is a unit within a larger system that is responsible for a particular set of activities that ...

The purpose of this article is to present an analysis of the cost inefficiency of public regulation of input factors. During the data period used here, individual plants within the Norwegian fish ...

Marginal cost refers to the change in total cost arising from the production of one additional unit. For example, in a manufacturing firm, the marginal cost will give a measure of the change in total ...