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Lecture Principles of Microeconomics: Chapter 8 - James D. Miller

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Lecture Principles of Microeconomics - Chapter 8: Costs. After reading this chapter, you should be able to answer the following questions: What are different types of costs? What is diminishing marginal returns? Why do marginal costs increase? Why is the average total costs curve U-shaped? What is the relationship between the average total costs curve and marginal costs curve? What is the difference between short run and long run? What are economies and diseconomies of scale? |

TÀI LIỆU LIÊN QUAN

Lecture Principles of microeconomics - Chapter 1: Ten principles of economics

Lecture Principles of microeconomics - Chapter 2: Thinking like an economist

Lecture Principles of microeconomics - Chapter 3: Interdependence and the gains from trade

Lecture Principles of microeconomics - Chapter 4: The market forces of supply and demand

Lecture Principles of microeconomics - Chapter 5: Elasticity and its application

Lecture Principles of microeconomics - Chapter 6: Supply, demand and government policies

Lecture Principles of microeconomics - Chapter 10: Externalities

Lecture Principles of microeconomics - Chapter 11: Public goods and common resources

Lecture Principles of microeconomics - Chapter 12: The design of the tax system

Lecture Principles of microeconomics - Chapter 13: The costs of production
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