Category: Knowledge

It’s all about what I learn from book, college and my experience. Knowledge is your asset to still alive and to make your own future

Economic Knowledge

Market Structure Pricing and Output Decision

I write a summary of market structure and how it affects the pricing and output decision based on Keat, P., and Phillip Young. 2008. Managerial Economics, 6th edition. Pearson (KY) e-book. The firm needs to establish its price and output levels to achieve its business objective of profit maximization. The pricing and output decision can […]

Economic Knowledge

Cost Analysis for Managerial Decisions

The cost analysis could help managerial level taking decisions-related to gain more profit. The cost structure will affect the pricing strategy and keep the business remain competitive. Understanding the cost calculation as long as the production process either in the short-run or in the long-run makes a cost structure decisions more accurate. I write a […]

Economic Knowledge

What is Cost Structure

What is the key point for management to understand how to formulate the cost structure of the business? The management needs to analyze several factors before take a decision about it. I write a summary about cost structure based on Keat, P. and Phillip Young. 2008. Managerial Economics, 6th edition. Pearson (KY) e-book. Cost Structure […]

Back To Top
Translate ยป