microeconomic theory ch08
Cost function
Chapter 8 © 2006 Thomson Learning/South-Western Costs.
Definitions of Costs It is important to differentiate between accounting cost and economic cost – the accountant’s view of cost stresses out-of- pocket.
Producer Behavior Copyright © 2013 Worth Publishers, All Rights Reserved Microeconomics Goolsbee/Levitt/ Syverson 1/e 6 Chapter outline 6.1The Basics.
Lecture #7. Lecture Outline Review Go over Exam #1 Continue production economic theory.
