If you operate a manufacturing company, you can benefit from understanding the experience curve. This curve suggests that the more you produce, the less each unit costs you. This happens because fixed ...

Can an seemingly positive boost in productivity within a business have a significant impact on the overall picture of its production efficiency? The dynamics between positive marginal productivity and ...

Analysis and construction of demand curves are part of microeconomics, which studies economic situations and reactions and applies it to small business. You can use demand curves as a small business ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

This paper formulates a mathematical model for generating receiver operating characteristic (ROC) curves without underlying data. Credit scoring practitioners know that the Gini coefficient usually ...