{"product_id":"2940154085233","title":"Costs","description":"\u003cp\u003eThe economists regard cost as a forgone alternative, the cost of using resources for a certain purpose when it is measured by the benefit given up by not using them for another alternative purpose.\u003c\/p\u003e\u003cp\u003eThe accountants regard cost as the price of commodities expressed in monetary units. Cost is the price to pay for buying commodities or using resources.\u003c\/p\u003e\u003cp\u003eIt is in this lucid manner that this book will teach you cost.\u003c\/p\u003e\u003cp\u003eIt clearly explains the fixed cost. It throws light on how to calculate the fixed cost of a firm.\u003c\/p\u003e\u003cp\u003eIt analyzes the average cost. It sheds light on how to calculate the average cost of a firm.\u003c\/p\u003e\u003cp\u003eIt appraises the total cost. It casts light on how to calculate the total cost of a firm.\u003c\/p\u003e\u003cp\u003eIt evaluates the marginal cost. It highlights how to calculate the marginal cost of a firm.\u003c\/p\u003e\u003cp\u003eIt explains the average fixed cost. It shows you how to measure the average fixed cost of a firm.\u003c\/p\u003e\u003cp\u003eIt examines average variable cost. It shows you how to calculate the average variable cost of a firm.\u003c\/p\u003e\u003cp\u003eAnd it discusses the short-run and long-run costs. It outlines the differences between the short-run and the long-run costs of a firm.\u003c\/p\u003e","brand":"Anthony Anamgba","offers":[{"title":"Default Title","offer_id":47161561841904,"sku":"2940154085233","price":3.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940154085233_p0.jpg?v=1764063452","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940154085233","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}