Psychology Dictionary of ArgumentsHome
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| Costs - Psychology Dictionary of Arguments | |||
| Costs: In economics, costs represent the resources or sacrifices incurred to produce goods or services. These include explicit costs (direct expenses like wages, materials) and implicit costs (opportunity costs, such as foregone alternatives). Costs influence production decisions, pricing strategies, and overall economic efficiency, essential in assessing profitability and resource allocation._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Behavioral Ecology | Costs | Behavioral Ecology | |
| Buchanan, James M. | Costs | Buchanan, James M. | |
| Jarvis, Jeff | Costs | Jarvis, Jeff | |
| Lessig, Lawrence | Costs | Lessig, Lawrence | |
| Varian, Hal | Costs | Varian, Hal R. | |
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Ed. Martin Schulz, access date 2024-09-20 | |||
