Understanding Marginal Costs: Fixed vs. Variable Costs

Learn how to distinguish marginal costs by exploring their relationship with fixed and variable costs in production.
Electrek

Honda patent reveals new ultra-simple, low-cost electric motorcycle

There’s a growing consensus in the electric motorcycle world that the key to success when considering the constraints of today’s technology is to target smaller, simpler, more urban electric ...
The Motley Fool

Precious Metals Investing: PPLT's Simple Platinum Access vs. SIL's Mining Holdings

SIL saw a much stronger one-year return and deeper drawdown than PPLT, with both funds highly volatile. PPLT is slightly less expensive to own and shows a lower beta versus the S&P 500. SIL holds a ...
Medical Xpress

Agriculture secretary says healthy meals can cost $3, critics say it's not that simple

Can Americans really eat healthy for just $3 a meal? That question is sparking debate after Agriculture Secretary Brooke Rollins said the Trump administration's updated food guidelines make low-cost, ...
IEEE

Improving Accuracy in Nodal Marginal Costs and Active Energy Valuation Using PMUs in Peruvian Electricity Market Framework

Abstract: In real-time nodal marginal cost-based electricity markets, inaccuracies in conventional measurement systems introduce variability in the determination of these costs and the valuation of ...
Wall Street Journal

The Genius Whose Simple Invention Saved Us From Shame at the Gas Station

Unless you worked for Ford’s plastics, paint and vinyls division in the 1980s, you probably don’t know the name Jim Moylan. But you might well know the idea that made this unknown engineer who ...
ag.purdue

The Right Way to Cut Costs

It is natural for a business to think about cutting costs when margins are tight. As the title implies, there is a right and wrong way to cut costs. The right way, from an economist’s perspective, is ...
American Bar Association

Using Opportunity Costs to Measure Margins and Market Power

This paper describes a method for measuring a firm’s incremental margin using observed prices and market shares when a firm sells the same product from the same production facilities into multiple ...
San Mateo Daily Journal

Deductible, Copay, Coinsurance: The Simple Maths Behind Health Insurance Costs

Reading a policy document can feel like trying to decode a different language. Many people in India quickly scan the premium and hospital list, then skim past terms such as deductible, copay and ...
GoodNewsNetwork

Autonomous Montreal Metro Completed with Massive Cost Savings–Sets Example for Canada

One of the REM trains – credit, Reece Martin, CC BY-SA 4.0. Cheap, efficient, new and exciting, Montreal’s new automated light rail transit system which recently opened is a major accomplishment for a ...
The New York Times

The Hidden Cost of Your Avocado

Mr. Grillo is a contributing Opinion writer who has covered organized crime in Latin America for two decades. He wrote from Mexico City. If you are buying a lime in the United States — to juice up a ...