Speak with confidence at your next financial meeting by calculating your gross profit with Microsoft Excel. Excel provides several built-in functions and operators to calculate total cost, revenue and ...

Whether your business can operate as nonprofit organization depends on the purpose of your business. Nonprofits operate with a distinct mission and are required to place any earnings, after expenses, ...

The author establishes a property of supply for a competitive firm: Assuming differentiability of the production frontier, linearly independent price vectors have disjoint image sets under the supply ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Journal of Agricultural and Resource Economics, Vol. 27, No. 1 (July 2002), pp. 94-113 (20 pages) The relationships among cost functions, distance functions, and technical inefficiency are utilized to ...