Demand, Recurring Costs, And Profitability
Author: Douglas Howarth
Publication Date: June 14, 2018
Published by: International Cost Estimating & Analysis Association
Description:
Customers in all markets collectively abide by their self-imposed demand curves, which dictate their responsiveness to changes in price and the maximum quantities of products they can absorb. Concurrently, producers in all markets face recurring costs, which typically fall over time due to a variety of factors. Producers can effectively model demand and recurring costs before product launch. Understanding how demand curves relate to recurring costs is key to enhancing profitability, which this paper examines.
Click HERE to open PDF in separate browser Tab or read embedded PDF below.