economic calculation

Examples (10)

• The company's decision to build a new factory was based on a detailed economic calculation.
• Every proposed tax cut requires a thorough economic calculation to predict its impact on revenue.
• The viability of the high-speed rail project hinged on a complex economic calculation of costs versus benefits.
• Ludwig von Mises famously argued about the impossibility of rational economic calculation under socialism.
• The entrepreneur made a quick economic calculation before deciding to invest in new equipment.
• Environmental policy often involves a difficult economic calculation, weighing long-term benefits against immediate costs.
• Sound business strategy must be grounded in realistic economic calculation.
• Their expansion into the new market failed due to a fundamental error in their economic calculation.
• Before we commit more funds, a revised economic calculation is necessary to ensure profitability.
• The core of price theory is that prices enable efficient economic calculation by consumers and producers.