Microeconomics - Firms: theory and practice - 2
These are the slides of the second lesson for the course of applied microeconomics.
The deal with firms:
- Firms' decision problem, profit maximization, revenue, perfectly competitive firm, cost function, supply curve, marginal cost, average cost, profits, long run supply curve, sunk costs, shutdown decision.
- Two practical examples: desk manufacturer, effect of 1 dollar tax on the marginal costs, increase in demand, decrease in supply, prices, price, diary milk.
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- Categoria: Economia
- Materia: Microeconomia
- Commenti: 0
- Published: 30 settembre 2009
- Views: 3363
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