VARIABLE COSTS LAW OF SUPPLY COST CURVES DIMINISHING MARGINAL PRODUCT FC - TF = VC CONSTANT RETURNS TO SCALE TF- FC = VC DISECONOMIES OF SCALE TOTAL REVENUE QUANTITY OUPUT ACCOUNTING PROFIT AVERAGE VARIABLE COST FIXED COST MINIMUM RATE OF RETURN PRODUCTION FUNCTION TOTAL PROFIT EFFICIENT SCALE ECONOMIC PROFIT MIXED PROFITS ECONOMIES OF SCALE MARGINAL PRODUCT LONG-RUN AVERAGE TOTAL COST COORDINATION AND COMMUNICATION PROBLEMS EXPLICIT COST INDUSTRIAL ORGANIZATION AVERAGE TOTAL COST TOTAL COST IMPLICIT COST AVERAGE FIXED COST VARIABLE COSTS LAW OF SUPPLY COST CURVES DIMINISHING MARGINAL PRODUCT FC - TF = VC CONSTANT RETURNS TO SCALE TF- FC = VC DISECONOMIES OF SCALE TOTAL REVENUE QUANTITY OUPUT ACCOUNTING PROFIT AVERAGE VARIABLE COST FIXED COST MINIMUM RATE OF RETURN PRODUCTION FUNCTION TOTAL PROFIT EFFICIENT SCALE ECONOMIC PROFIT MIXED PROFITS ECONOMIES OF SCALE MARGINAL PRODUCT LONG-RUN AVERAGE TOTAL COST COORDINATION AND COMMUNICATION PROBLEMS EXPLICIT COST INDUSTRIAL ORGANIZATION AVERAGE TOTAL COST TOTAL COST IMPLICIT COST AVERAGE FIXED COST
(Print)
VARIABLE COSTS
LAW OF SUPPLY
COST CURVES
DIMINISHING MARGINAL PRODUCT
FC - TF = VC
CONSTANT RETURNS TO SCALE
TF- FC = VC
DISECONOMIES OF SCALE
TOTAL REVENUE
QUANTITY OUPUT
ACCOUNTING PROFIT
AVERAGE VARIABLE COST
FIXED COST
MINIMUM RATE OF RETURN
PRODUCTION FUNCTION
TOTAL PROFIT
EFFICIENT SCALE
ECONOMIC PROFIT
MIXED PROFITS
ECONOMIES OF SCALE
MARGINAL PRODUCT
LONG-RUN AVERAGE TOTAL COST
COORDINATION AND COMMUNICATION PROBLEMS
EXPLICIT COST
INDUSTRIAL ORGANIZATION
AVERAGE TOTAL COST
TOTAL COST
IMPLICIT COST
AVERAGE FIXED COST
