To solve the problems of economic analysis and forecasting, statistical, reporting or observable data are very often used. At the same time, it is believed that these data are values of a random variable. A random variable is a variable that, depending on the case, takes different values with some probability. The law of distribution […]
Tag: degree
Concept, types of production costs and production costs
A necessary condition for ensuring the production and economic activities of the enterprise is the use of economic resources, including fixed and working capital, industrial and production personnel. The costs of acquiring resources, expressed in monetary form, are called production costs. A distinction is made between one-time and ongoing costs. One-time costs in the enterprise […]