Shadow price from the perspective of management accounting
Material type: Mixed materialsPublication details: 2013Description: 57-60Subject(s): NLM classification:- 658.1511
Item type | Current library | Call number | Vol info | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Periodicals/Magazines | SSCBS Library | 48/1 | Available | P15009 |
In commercial applications, a shadow price is the maximum price that management is willing to pay for an extra unit of a given limited resource. Some cost benefit analysis takes into account abstract commodities not normally purchased or sold in amarket place. Since cost benefit analysis is quantitative, all variables under consideration must be transformed into a rupee value.
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