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About Costs

Show simple item record Li, Zhi 2008-12-13T02:41:20Z 2008-12-13T02:41:20Z 2008
dc.description.abstract To increase output, a firm must hire more workers, which means increased costs to the firm. The relationship between output and cost can be illustrated by three cost concepts: total cost, marginal cost, and average cost.
dc.language.iso en en
dc.subject average cost; cost; marginal cost; total cost en
dc.title About Costs en
dc.type Learning Object en

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A_About_Costs.pdf 38.93Kb PDF View/Open
B_About_Costs_Examples.pdf 88.63Kb PDF View/Open

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