Scarce resource analysis: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
||
| Line 12: | Line 12: | ||
* [[Limiting factor]] | * [[Limiting factor]] | ||
* [[Microeconomics]] | * [[Microeconomics]] | ||
* [[Opportunity cost of capital]] | |||
* [[Production possibility curves]] | * [[Production possibility curves]] | ||
* [[Scarce resource]] | * [[Scarce resource]] | ||
Revision as of 12:56, 8 August 2022
Economics - microeconomics.
Scarce resource analysis is a planning technique that seeks to maximise financial contribution to fixed costs by making the best use of the scarce resource.
Overall profits are maximised - or overall profits minimised - by maximising contribution per unit of the available scarce resource.
