A very clear way to see how calculus helps us interpret economic information and relationships is to compare total, average, and marginal functions. Take, for example, a total cost function, TC: For a ...

In this paper we propose and estimate a new single-product cost function, the CES-translog. Like the translog, it is a flexible functional form, but it is compatible with a wider range of substitution ...

This month’s metric — total cost to perform the finance function as a percentage of revenue — is part of a set of finance process key performance indicators that every CFO should have on their radar ...

When choosing a flexible functional form to model multi-output cost structures, one is quickly confronted with severe violations of certain regularity conditions over large regions of output space.

This data reflects the relative cost profiles of 543 organizations that completed an APQC benchmarking assessment for the finance organization as a whole. Total cost includes personnel, systems, ...