The economic management requires strictly measuring the costs, as a starting point in calculating the selling price, in choosing the best production alternative, in substantiating the resource consumption. Any entity will seek to maximize profits and minimize costs. Not in all circumstances does...

The economists are, usually, using the concept of opportunity cost, which means the cost used to measure the value of all the things at which must be renounced in order to obtain something else. The measure of the opportunity cost can be identical, but not always, with the money expenses through...