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The topic of this paper is concerned in a possibility of connection of the micro- economics theory and the business … economics theory. The goal of the submitted paper is an implementation of an economic efficiency as a microeconomic component to … reserved to opportunity costs because it is fitting to total economic costs from a point of view of business economics theory …
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This paper addresses the issue of project standby capacity optimization for capital budgeting. A detailed analysis and case study show that this is a particular real-option based situation, which solicits the use of statistical simulation. The method can be recommended as a useful heuristic for...
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