8 3longruncosts
Unit 1: Trade Theory External Economies of Scale 2/8/2012.
CHAPTER 9 Long-Run Costs and Output Decisions © 2009 Pearson Education, Inc. Publishing as Prentice Hall Principles of Microeconomics 9e by Case, Fair.
Chapter 18 TECHNOLOGY. 18.1 Inputs and Outputs Factors of production: inputs to production. Capital goods: inputs that are themselves produced goods.
Monopoly ECO 230 J.F. O’Connor. Market Structure Perfect Competition –participants act as price takers and cannot by individual behavior affect market.