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Shadow price from the perspective of management accounting

By: Material type: Mixed materialsMixed materialsPublication details: 2013Description: 57-60Subject(s): NLM classification:
  • 658.1511
In: MANAGEMENT ACCOUNTANTMSummary: 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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Item type Current library Call number Vol info Status Date due Barcode
Periodicals/Magazines 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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