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  • == Economic Cost == ...r another. The concept is used to analyze and understand the profitability of decisions and actions in [[Microeconomics]] and [[Macroeconomics]].
    2 KB (231 words) - 07:05, 14 February 2024
  • ...omics)|service]]. These costs are often incurred for the overall operation of a business and are shared across multiple products, services, or projects. ...roduct or service. Instead, they indirectly support the overall operations of a business.
    1 KB (206 words) - 05:50, 14 February 2024
  • ...ded by the total quantity produced. It is also known as ''unit cost'' or ''cost per unit''. ...h means typical or normal amount, and ''cost'', which refers to the amount of money that needs to be spent to buy, do, or make something.
    2 KB (298 words) - 21:59, 8 February 2024
  • == Cost Accounting == ...ion for the control of costs. Its goal is to advise management on the most cost-effective strategies for enhancing a company's profitability and overall ef
    3 KB (397 words) - 05:47, 14 February 2024
  • ...e a type of [[economic cost]] that vary in direct proportion to the volume of output produced. They are also known as ''direct costs'' or ''product costs ...variabilis'', meaning changeable, and ''cost'' comes from the Old French ''cost'', meaning outlay or expenditure.
    2 KB (263 words) - 03:50, 9 February 2024
  • == Economies of Scale == ...easing with increasing scale as fixed costs are spread out over more units of output.
    2 KB (338 words) - 19:22, 11 February 2024
  • == Marginal Cost == ...th Economics]] to describe the cost added by producing one additional unit of a product or service.
    2 KB (242 words) - 22:41, 8 February 2024
  • == Mass production == ...of production that uses a continuous process to manufacture a large volume of identical or very similar products. The term is often associated with the [
    2 KB (219 words) - 17:07, 9 February 2024
  • == Cost-effectiveness == ...cs|health economics]] to compare the relative costs and outcomes (effects) of different medical treatments.
    2 KB (270 words) - 01:16, 8 February 2024
  • ...cal industry. It encompasses the production, distribution, and consumption of pharmaceutical products and services. ...conomy" is derived from the Greek word "Oikonomia" which means "management of a household".
    2 KB (211 words) - 02:51, 7 February 2024
  • ...ng compared are equal, and thus, the decision-making criterion is the cost of each alternative. ...French ''coster'', from Latin ''constāre'' meaning "to stand at something, cost") and "minimization" (from Latin ''minimis'', meaning "smallest"). The term
    2 KB (231 words) - 14:54, 11 February 2024
  • == Economics of Vaccines == ...ribution, and administration, as well as the economic benefits and impacts of vaccination on public health and society.
    3 KB (333 words) - 22:10, 11 February 2024
  • ...be a cost or benefit that affects a party who did not choose to incur that cost or benefit. The term "externality" is derived from the concept of an "external effect," which is an effect that is not reflected in market pr
    2 KB (244 words) - 17:42, 6 February 2024
  • ...medicine refers to the cost incurred for medical care, including the cost of procedures, medications, and hospital stays. The term is derived from the L === Types of Medical Expenses ===
    2 KB (292 words) - 23:26, 4 February 2024
  • ...nd [[healthcare]]. In broad terms, health economists study the functioning of healthcare systems and health-affecting behaviors such as smoking, diabetes ...s derived from the ancient Greek word "oikonomia", which means "management of a household".
    2 KB (197 words) - 20:30, 9 February 2024
  • ...ed with vegetable oil or animal fat, while retaining the nutritional value of whole milk. ...illed milk" is derived from the process of "filling" milk with other types of fat. The word "milk" comes from the Old English word "meoluc", and the term
    2 KB (249 words) - 06:08, 8 February 2024
  • ...counting]] and [[Economics]] to describe the gradual decrease in the value of an asset over time. The term is derived from the Latin word 'depretiare', w ...n asset is expected to be available for use by an entity, or the number of production or similar units expected to be obtained from the asset by the entity.
    2 KB (242 words) - 07:10, 14 February 2024
  • == Journal of Medical Economics == ...] [[academic journal]] that publishes research on the [[economic]] aspects of [[healthcare]]. It is published by [[Taylor & Francis]] and the [[editor-in
    2 KB (238 words) - 19:40, 12 February 2024
  • ..., thermos, "heat" and γένεσις, genesis, "creation") is the process of heat production in organisms. It occurs in all warm-blooded animals, and helps to maintain ...creation. It was first used in the late 19th century to describe the heat production process in living organisms.
    2 KB (219 words) - 23:22, 12 February 2024
  • ...cale). It is often used in cost-utility analysis to calculate the ratio of cost to QALYs gained from a particular treatment. ...the United States who were looking for a way to quantify the effectiveness of health interventions.
    2 KB (275 words) - 21:50, 3 February 2024

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